FIT Hon Teng (HKSE:06088) Accounts Payable & Accrued Expense : HK$9,092 Mil (As of Dec. 2023)

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What is FIT Hon Teng Accounts Payable & Accrued Expense?

FIT Hon Teng's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$8,321 Mil) to Jun. 2023 (HK$6,620 Mil) but then increased from Jun. 2023 (HK$6,620 Mil) to Dec. 2023 (HK$9,092 Mil).

FIT Hon Teng's annual accounts payable & accrued expense declined from Dec. 2021 (HK$9,609 Mil) to Dec. 2022 (HK$8,321 Mil) but then increased from Dec. 2022 (HK$8,321 Mil) to Dec. 2023 (HK$9,092 Mil).

FIT Hon Teng Accounts Payable & Accrued Expense Historical Data

The historical data trend for FIT Hon Teng'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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FIT Hon Teng Accounts Payable & Accrued Expense Chart

FIT Hon Teng Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8,967.91

8,992.69

9,608.70

8,321.29

9,092.39

FIT Hon Teng Semi-Annual Data
	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											9,608.70	8,537.62	8,321.29	6,619.89	9,092.39

FIT Hon Teng 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.

FIT Hon Teng (HKSE:06088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » FIT Hon Teng Ltd (HKSE:06088) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FITGF:USA 0FJ:Germany

Address

66-1, Chungshan Road, Tucheng District, New Taipei Ciy, TWN, 23680

Website

https://www.fit-foxconn.com

FIT Hon Teng Ltd is a manufacturer of electronic components. It focuses on the development, manufacturing, and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables, and modules for applications in computers, communication equipment, consumer electronics, automobiles, and industrial and green energy field products. Geographically, the group has a business presence in the U.S., the PRC, Taiwan, Hong Kong, the United Kingdom, Singapore, Malaysia, and other countries, of which a majority of revenue is derived from the U.S. Its operating segments are Intermediate products and Consumer products.

Executives

Lu Sung-ching	2101 Beneficial owner
Hong Hai Jing Mi Gong Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Foxconn (far East) Limited	2201 Interest of corporation controlled by you

FIT Hon Teng (HKSE:06088) Headlines

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