Poly Property Services Co (HKSE:06049) Accounts Payable & Accrued Expense : HK$3,553 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Poly Property Services Co Accounts Payable & Accrued Expense?

Poly Property Services Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$2,998 Mil) to Jun. 2023 (HK$3,794 Mil) but then declined from Jun. 2023 (HK$3,794 Mil) to Dec. 2023 (HK$3,553 Mil).

Poly Property Services Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$1,425 Mil) to Dec. 2022 (HK$2,998 Mil) and increased from Dec. 2022 (HK$2,998 Mil) to Dec. 2023 (HK$3,553 Mil).

Poly Property Services Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Poly Property Services Co'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.

* Premium members only.

Poly Property Services Co Accounts Payable & Accrued Expense Chart

Poly Property Services Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

422.26

700.27

1,425.16

2,997.69

3,553.17

Poly Property Services Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									1,425.16	2,134.14	2,997.69	3,793.67	3,553.17

Poly Property Services Co 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.

Poly Property Services Co (HKSE:06049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Property Services Co Ltd (HKSE:06049) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 832 Yue Jiang Zhong Road, 48-49th Floor, Poly Plaza, Hai Zhu District, Guangdong Province, Guangzhou, CHN

Website

https://www.polywuye.com

Originally listed on the NEEQ and re-listed on the Hong Kong Exchange on April 2019, Poly Property Services, or PPS, is a major property management services, or PMS, company headquartered in Guangzhou, China, established since 1996 with a nationwide coverage. PPS is differentiated by its SOE background with 72% ownership by property developer Poly Developments and Holdings, or PDH, which is in turn part of ultimate controlling shareholder China Poly Group, a state-owned conglomerate. Aside from a highly scalable GFA under management, or GUM, driven by PDH's property development scale, the SOE status also enables PPS to be a leading provider of PMS for the management of public properties.

Poly Property Services Co (HKSE:06049) Headlines

No Headlines