Vital Innovations Holdings (HKSE:06133) Accounts Payable & Accrued Expense : HK$62.7 Mil (As of Dec. 2023)

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What is Vital Innovations Holdings Accounts Payable & Accrued Expense?

Vital Innovations Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$59.7 Mil) to Jun. 2023 (HK$75.2 Mil) but then declined from Jun. 2023 (HK$75.2 Mil) to Dec. 2023 (HK$62.7 Mil).

Vital Innovations Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$82.0 Mil) to Dec. 2022 (HK$59.7 Mil) but then increased from Dec. 2022 (HK$59.7 Mil) to Dec. 2023 (HK$62.7 Mil).

Vital Innovations Holdings Accounts Payable & Accrued Expense Historical Data

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

Vital Innovations Holdings Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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61.22

99.08

82.05

59.74

62.65

Vital Innovations 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															82.05	14.36	59.74	75.17	62.65

Vital Innovations 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.

Vital Innovations Holdings (HKSE:06133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vital Innovations Holdings Ltd (HKSE:06133) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 55 Jiachuang Second Road, Zone B, 7th Floor, Zhongguancun Science Park, OTPO-Merchatronics Industrial Park, Tongzhou District, Beijing, CHN, 101111

Website

http://www.vitalinno.com

Vital Innovations Holdings Ltd is an investment holding company. It operates in two segments: Trading of mobile telecommunication devices, which includes mobile telecommunication-related components and smart appliances; and Trading of AI and other equipment. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from Hong Kong.

Vital Innovations Holdings (HKSE:06133) Headlines

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