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Powerwin Tech Group (HKSE:02405) Accounts Payable & Accrued Expense : HK$1,012.77 Mil (As of Dec. 2023)


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What is Powerwin Tech Group Accounts Payable & Accrued Expense?

Powerwin Tech Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$779.03 Mil) to Jun. 2023 (HK$664.36 Mil) but then increased from Jun. 2023 (HK$664.36 Mil) to Dec. 2023 (HK$1,012.77 Mil).

Powerwin Tech Group's annual accounts payable & accrued expense increased from Dec. 2021 (HK$714.45 Mil) to Dec. 2022 (HK$779.03 Mil) and increased from Dec. 2022 (HK$779.03 Mil) to Dec. 2023 (HK$1,012.77 Mil).


Powerwin Tech Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Powerwin Tech 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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Powerwin Tech Group Accounts Payable & Accrued Expense Chart

Powerwin Tech Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
652.84 646.66 714.45 779.03 1,012.77

Powerwin Tech Group Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only - 565.93 779.03 664.36 1,012.77

Powerwin Tech 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.


Powerwin Tech Group (HKSE:02405) Business Description

Traded in Other Exchanges
N/A
Address
348 Kwun Tong Road, 5th Floor, Manulife Place, Kowloon, Hong Kong, HKG
Powerwin Tech Group Ltd is a cross-border digital marketing service provider in China. It covers mainstream media platforms such as Facebook, Instagram, Messenger, Google, Twitter, TikTok, YouTube, Snapchat, and Pinterest, providing customers with diversified and full-link cross-border digital marketing services and online shop SaaS solutions.
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