MOG Digitech Holdings (HKSE:01942) Accounts Payable & Accrued Expense : HK$51.5 Mil (As of Sep. 2022)

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What is MOG Digitech Holdings Accounts Payable & Accrued Expense?

MOG Digitech Holdings's quarterly accounts payable & accrued expense increased from Sep. 2021 (HK$16.7 Mil) to Mar. 2022 (HK$299.4 Mil) but then declined from Mar. 2022 (HK$299.4 Mil) to Sep. 2022 (HK$51.5 Mil).

MOG Digitech Holdings's annual accounts payable & accrued expense declined from Mar. 2019 (HK$31.5 Mil) to Mar. 2020 (HK$30.2 Mil) and declined from Mar. 2020 (HK$30.2 Mil) to Mar. 2021 (HK$20.8 Mil).

MOG Digitech Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for MOG Digitech Holdings'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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MOG Digitech Holdings Accounts Payable & Accrued Expense Chart

MOG Digitech Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Accounts Payable & Accrued Expense

46.66

49.08

31.53

30.19

20.78

MOG Digitech Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						48.26	20.78	16.72	299.39	51.49

MOG Digitech Holdings 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.

MOG Digitech Holdings (HKSE:01942) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MOG Digitech Holdings Ltd (HKSE:01942) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8655, 9 Shihua East Road, 84 Western Style Villa, Guangdong, Zhuhai, CHN, 519015

Website

https://www.mogglobal.com

MOG Digitech Holdings Ltd is an investment holding company. It offers a wide range of optical products including lenses, frames, contact lenses, and sunglasses from international brands. Its operating segment includes Digital retail payment solutions hardware trading business, Sales of optical products, Franchise and license management, E-commerce, and Financing services. The company generates the majority of its revenue from the Digital retail payment solutions hardware trading business.

MOG Digitech Holdings (HKSE:01942) Headlines

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