VCredit Holdings (HKSE:02003) Accounts Payable & Accrued Expense : HK$352 Mil (As of Dec. 2023)

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What is VCredit Holdings Accounts Payable & Accrued Expense?

VCredit Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$319 Mil) to Jun. 2023 (HK$384 Mil) but then declined from Jun. 2023 (HK$384 Mil) to Dec. 2023 (HK$352 Mil).

VCredit Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$106 Mil) to Dec. 2022 (HK$319 Mil) and increased from Dec. 2022 (HK$319 Mil) to Dec. 2023 (HK$352 Mil).

VCredit Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for VCredit 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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VCredit Holdings Accounts Payable & Accrued Expense Chart

VCredit Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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253.44

201.21

106.40

318.82

352.33

VCredit Holdings Semi-Annual Data
	Dec15	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											106.40	272.82	318.82	384.00	352.33

VCredit 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.

VCredit Holdings (HKSE:02003) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » VCredit Holdings Ltd (HKSE:02003) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

5R6:Germany

Address

19/F Two Pacific Place, Suite 1918, 88 Queensway, Hong Kong, HKG, 200085

Website

https://www.vcredit.com

VCredit Holdings Ltd is an investment holding company and has one operating segment. The Group is a technology-driven consumer financial service provider in the People's Republic of China. The Group offers tailored consumer finance products to prime and near-prime borrowers who are underserved by traditional financial institutions. The Group also offers consumer finance products by facilitating transactions between borrowers and financial institutions.

Executives

Yu Shu Investment Vcc - Rain Tree Asia Equity Fund	2101 Beneficial owner
Ma Ting Hung	2201 Interest of corporation controlled by you
Liu Sai Wang Stephen	2201 Interest of corporation controlled by you
Perfect Castle Development Limited	2101 Beneficial owner
Skyworld-best Limited	2101 Beneficial owner
Cavamont Holdings Limited	2201 Interest of corporation controlled by you
Kwok Chang Shiu Feng	2201 Interest of corporation controlled by you
Kwok Peter Viem	2201 Interest of corporation controlled by you
High Loyal Management Limited	2501 Other
Kwok Lim Ying	2201 Interest of corporation controlled by you
Magic Mount Limited	2101 Beneficial owner
Tpg Group Holdings (sbs), L.p.	2201 Interest of corporation controlled by you
Atlantis China Star Fund Ii Limited	2101 Beneficial owner
Tpg Holdings Iii-a, L.p.	2201 Interest of corporation controlled by you
Tpg Holdings Iii-a, Inc.	2201 Interest of corporation controlled by you

VCredit Holdings (HKSE:02003) Headlines

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