Global International Credit Group (HKSE:01669) Accounts Payable & Accrued Expense : HK$6.83 Mil (As of Dec. 2023)

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What is Global International Credit Group Accounts Payable & Accrued Expense?

Global International Credit Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$8.07 Mil) to Jun. 2023 (HK$9.54 Mil) but then declined from Jun. 2023 (HK$9.54 Mil) to Dec. 2023 (HK$6.83 Mil).

Global International Credit Group's annual accounts payable & accrued expense increased from Dec. 2021 (HK$3.36 Mil) to Dec. 2022 (HK$8.07 Mil) but then declined from Dec. 2022 (HK$8.07 Mil) to Dec. 2023 (HK$6.83 Mil).

Global International Credit Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global International Credit Group's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Global International Credit Group Accounts Payable & Accrued Expense Chart

Global International Credit Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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22.39

4.96

3.36

8.07

6.83

Global International Credit Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.36	7.97	8.07	9.54	6.83

Global International Credit Group Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Global International Credit Group (HKSE:01669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Global International Credit Group Ltd (HKSE:01669) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

19 Des Voeux Road Central, Unit 01, 23rd Floor, World-Wide House, Hong Kong, HKG

Website

https://www.gicl.com.hk

Global International Credit Group Ltd is engaged in the money lending business. The company provides short-term and long-term property mortgage loans to customers in Hong Kong. It provides flexible loan solutions, property mortgage loans, and personal loans. Its revenue is generated from the money lending business of providing property mortgage loans and personal loans in Hong Kong.

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