China Weaving Materials Holdings (HKSE:03778) Accounts Payable & Accrued Expense : HK$123 Mil (As of Dec. 2024)

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What is China Weaving Materials Holdings Accounts Payable & Accrued Expense?

China Weaving Materials Holdings's quarterly accounts payable & accrued expense declined from Dec. 2023 (HK$127 Mil) to Jun. 2024 (HK$109 Mil) but then increased from Jun. 2024 (HK$109 Mil) to Dec. 2024 (HK$123 Mil).

China Weaving Materials Holdings's annual accounts payable & accrued expense declined from Dec. 2022 (HK$168 Mil) to Dec. 2023 (HK$127 Mil) and declined from Dec. 2023 (HK$127 Mil) to Dec. 2024 (HK$123 Mil).

China Weaving Materials Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Weaving Materials 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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China Weaving Materials Holdings Accounts Payable & Accrued Expense Chart

China Weaving Materials Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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198.14

161.36

168.41

126.66

122.78

China Weaving Materials Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															168.41	93.25	126.66	109.24	122.78

China Weaving Materials 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.

China Weaving Materials Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Weaving Materials Holdings Ltd (HKSE:03778) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

888 Lai Chi Kok Road, Unit B5, 22nd floor, NCB Innovation Centre, Kowloon, HKG

Website

http://www.chinaweavingmaterials.com

China Weaving Materials Holdings Ltd is an investment holding company. It is principally engaged in the business of manufacturing and trading of yarns products and related raw materials. The company has one reportable segment named Yarns, which is engaged in manufacturing and trading. Geographically, the company derives revenue from the PRC.

Executives

Zheng Yongxiang	2101 Beneficial owner
Marvellous Link Limited	2101 Beneficial owner

China Weaving Materials Holdings Headlines

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