Chow Tai Fook Jewellery Group (HKSE:01929) Accounts Payable & Accrued Expense : HK$2,732 Mil (As of Sep. 2023)

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What is Chow Tai Fook Jewellery Group Accounts Payable & Accrued Expense?

Chow Tai Fook Jewellery Group's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$3,249 Mil) to Mar. 2023 (HK$2,523 Mil) but then increased from Mar. 2023 (HK$2,523 Mil) to Sep. 2023 (HK$2,732 Mil).

Chow Tai Fook Jewellery Group's annual accounts payable & accrued expense increased from Mar. 2021 (HK$2,254 Mil) to Mar. 2022 (HK$2,429 Mil) and increased from Mar. 2022 (HK$2,429 Mil) to Mar. 2023 (HK$2,523 Mil).

Chow Tai Fook Jewellery Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chow Tai Fook Jewellery 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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Chow Tai Fook Jewellery Group Accounts Payable & Accrued Expense Chart

Chow Tai Fook Jewellery Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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2,519.90

1,140.30

2,253.70

2,429.30

2,522.70

Chow Tai Fook Jewellery Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,974.50	2,429.30	3,248.50	2,522.70	2,732.00

Chow Tai Fook Jewellery 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.

Chow Tai Fook Jewellery Group (HKSE:01929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chow Tai Fook Jewellery Group Ltd (HKSE:01929) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CJEWY:USA CJEWF:USA 1CT:Germany

Address

16 - 18 Queen's Road Central, 33rd Floor, New World Tower, Central, Hong Kong, HKG

Website

https://www.ctfjewellerygroup.com

Chow Tai Fook Jewellery Group Ltd is engaged in the jewelry and watch business located in Mainland China. The company's geographical operating segment includes Mainland China and Hong Kong, Macau and other markets. It generates maximum revenue from Mainland China. Its product categories include ring, bands, necklace, pendant, earrings, chain, bracelet, and others. The company derives revenue from Gem-set, Gold products, Platinum/Karat gold products, and Watches.

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