Maiyue Technology (HKSE:02501) Accounts Payable & Accrued Expense : HK$156.0 Mil (As of Dec. 2024)

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What is Maiyue Technology Accounts Payable & Accrued Expense?

Maiyue Technology's quarterly accounts payable & accrued expense declined from Dec. 2023 (HK$102.1 Mil) to Jun. 2024 (HK$76.2 Mil) but then increased from Jun. 2024 (HK$76.2 Mil) to Dec. 2024 (HK$156.0 Mil).

Maiyue Technology's annual accounts payable & accrued expense increased from Dec. 2022 (HK$87.4 Mil) to Dec. 2023 (HK$102.1 Mil) and increased from Dec. 2023 (HK$102.1 Mil) to Dec. 2024 (HK$156.0 Mil).

Maiyue Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Maiyue Technology'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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Maiyue Technology Accounts Payable & Accrued Expense Chart

Maiyue Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

108.77

191.49

87.37

102.12

155.98

Maiyue Technology Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			87.37	-	102.12	76.19	155.98

Maiyue Technology 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.

Maiyue Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maiyue Technology Ltd (HKSE:02501) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Gehai Road, Room 912, 9th Floor, Office Area, Block B, East Tower, Guangxi, Guangxi Sports Centre Supporting Project Complex, Nanning, CHN

Website

http://www.maiyuesoft.com

Maiyue Technology Ltd is principally engaged in the provision of integrated Information Technology (IT) solution services, sales of hardware and software, warranty, upgrade, technical guidance, and maintenance service for customers. It operates its businesses through three segments: Provision of integrated IT solution services segment is mainly engaged in the design and implementation of the solution, sales of related software and hardware to customers, and follow-up maintenance; Sales of hardware and software segment mainly includes solely the sales of hardware and the sales of self-developed software; and Provision of standalone IT services segment is mainly involved in maintenance service, system upgrade, warranty service, software installation, and technology consulting service.

Executives

Ye Shanmin	2201 Interest of corporation controlled by you
Chan Eong Liat Jason	2201 Interest of corporation controlled by you
Deep Blue Ocean Electronics Technology Limited	2101 Beneficial owner
Deng Caidie	2201 Interest of corporation controlled by you
He Deling	2202 Interest of your spouse
Kong Xiaoyan	2202 Interest of your spouse
Li Changqing	2201 Interest of corporation controlled by you
Wang Yufei	2201 Interest of corporation controlled by you
Xu Tao	2202 Interest of your spouse
Yang Zihan	2202 Interest of your spouse
Zhang Guangbai	2201 Interest of corporation controlled by you
Canwest Profits Limited	2101 Beneficial owner
Ng Ling Ling	2202 Interest of your spouse
Koh Lik Ching	2202 Interest of your spouse
Million Oak Limited	2101 Beneficial owner

Maiyue Technology Headlines

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