LC Logistics (HKSE:02490) Accounts Payable & Accrued Expense : HK$225 Mil (As of Dec. 2023)

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What is LC Logistics Accounts Payable & Accrued Expense?

LC Logistics's quarterly accounts payable & accrued expense declined from Dec. 2021 (HK$611 Mil) to Dec. 2022 (HK$459 Mil) and declined from Dec. 2022 (HK$459 Mil) to Dec. 2023 (HK$225 Mil).

LC Logistics's annual accounts payable & accrued expense declined from Dec. 2021 (HK$611 Mil) to Dec. 2022 (HK$459 Mil) and declined from Dec. 2022 (HK$459 Mil) to Dec. 2023 (HK$225 Mil).

LC Logistics Accounts Payable & Accrued Expense Historical Data

The historical data trend for LC Logistics'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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LC Logistics Accounts Payable & Accrued Expense Chart

LC Logistics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

181.17

610.84

458.76

224.76

LC Logistics Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Accounts Payable & Accrued Expense	181.17	610.84	458.76	224.76

LC Logistics 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.

LC Logistics (HKSE:02490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LC Logistics Inc (HKSE:02490) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

9/F, China Stone Building, 37 Hong Kong Middle Road, Shinan District, Shandong Province, Qingdao, CHN

Website

http://www.burnasia.cn

LC Logistics Inc is a company involved in cross-border logistics services. The company provides services cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery.

Executives

Li Yan	2201 Interest of corporation controlled by you
Liu Quanxiang	2201 Interest of corporation controlled by you
Xu Xin	2201 Interest of corporation controlled by you
Grand Sailing Limited	2201 Interest of corporation controlled by you
Lecang Altitude Limited	2101 Beneficial owner
Glorious Sailing Limited	2101 Beneficial owner
Lecang Flourishing Limited	2101 Beneficial owner
Spring Wealth Limited	2201 Interest of corporation controlled by you
Lecang Shining Limited	2101 Beneficial owner
Peace Seaworld Limited	2201 Interest of corporation controlled by you

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