Palasino Holdings (HKSE:02536) Accounts Payable & Accrued Expense : HK$93.6 Mil (As of Sep. 2023)

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What is Palasino Holdings Accounts Payable & Accrued Expense?

Palasino Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$0.0 Mil) to Mar. 2023 (HK$82.2 Mil) and increased from Mar. 2023 (HK$82.2 Mil) to Sep. 2023 (HK$93.6 Mil).

Palasino Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (HK$47.3 Mil) to Mar. 2022 (HK$73.1 Mil) and increased from Mar. 2022 (HK$73.1 Mil) to Mar. 2023 (HK$82.2 Mil).

Palasino Holdings Accounts Payable & Accrued Expense Historical Data

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

Palasino Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

47.35

73.14

82.15

Palasino Holdings Quarterly Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	47.35	73.14	-	82.15	93.61

Palasino 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.

Palasino Holdings (HKSE:02536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Palasino Holdings Ltd (HKSE:02536) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Des Voeux Road Central, 16 floor, Far East Consortium Building, Hong Kong, HKG

Website

https://www.palasinoholdings.com

Palasino Holdings Ltd is an entertainment, gaming, and leisure group comprising (i) one integrated land-based casino and resort and two full-service land-based casinos operating in the Czech Republic, offering primarily slot machines and table games, and (ii) three hotels in Germany and one hotel in Austria that offer accommodation, catering, conference, and leisure services. It operates into two reportable segments: Gaming operations - operation of casinos and Hotel and catering operations - operation of hotel, catering, and related services. Key revenue is generated from Gaming operations - operation of casinos.

Executives

Chiu David	2201 Interest of corporation controlled by you
Chiu Ng Nancy	2202 Interest of your spouse
Far East Organization (international) Limited	2201 Interest of corporation controlled by you
Sumptuous Assets Limited	2201 Interest of corporation controlled by you
Ample Bonus Limited	2101 Beneficial owner
Far East Consortium International Limited	2201 Interest of corporation controlled by you
Blossom Industrial Investment Limited	2201 Interest of corporation controlled by you
Blossom International Investment Holdings Limited	2201 Interest of corporation controlled by you
Blossom Investment Consultant Limited	2201 Interest of corporation controlled by you
Yang Fang	2201 Interest of corporation controlled by you

Palasino Holdings (HKSE:02536) Headlines

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