ArtGo Holdings (HKSE:03313) Accounts Payable & Accrued Expense : HK$93.24 Mil (As of Dec. 2023)

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What is ArtGo Holdings Accounts Payable & Accrued Expense?

ArtGo Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$145.27 Mil) to Jun. 2023 (HK$109.34 Mil) and declined from Jun. 2023 (HK$109.34 Mil) to Dec. 2023 (HK$93.24 Mil).

ArtGo Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$173.45 Mil) to Dec. 2022 (HK$145.27 Mil) and declined from Dec. 2022 (HK$145.27 Mil) to Dec. 2023 (HK$93.24 Mil).

ArtGo Holdings Accounts Payable & Accrued Expense Historical Data

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

ArtGo Holdings Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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171.44

169.53

173.45

145.27

93.24

ArtGo Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	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															173.45	180.91	145.27	109.34	93.24

ArtGo 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.

ArtGo Holdings (HKSE:03313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ArtGo Holdings Ltd (HKSE:03313) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 728 Yan'an West Road, Room E, 6th Floor, Changning District, Shanghai, CHN

Website

http://www.artgo.cn

ArtGo Holdings Ltd is engaged n mining, processing, trading, and sales of marble stones and warehouse logistics business. The company operates in two business segments. The marble products segment produces marble stone products and calcium carbonate products mainly for further processing or trading, and the other segment includes the trading of commodities, and provision of warehousing and logistics services Geographically, the group derives revenue from the PRC.

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