Kwong Man Kee Group (HKSE:08023) Accounts Payable & Accrued Expense : HK$30.5 Mil (As of Sep. 2023)

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What is Kwong Man Kee Group Accounts Payable & Accrued Expense?

Kwong Man Kee Group's quarterly accounts payable & accrued expense declined from Mar. 2023 (HK$24.6 Mil) to Jun. 2023 (HK$0.0 Mil) but then increased from Jun. 2023 (HK$0.0 Mil) to Sep. 2023 (HK$30.5 Mil).

Kwong Man Kee Group's annual accounts payable & accrued expense increased from Mar. 2021 (HK$13.8 Mil) to Mar. 2022 (HK$24.4 Mil) and increased from Mar. 2022 (HK$24.4 Mil) to Mar. 2023 (HK$24.6 Mil).

Kwong Man Kee Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kwong Man Kee Group'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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Kwong Man Kee Group Accounts Payable & Accrued Expense Chart

Kwong Man Kee Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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17.56

17.43

13.77

24.41

24.56

Kwong Man Kee Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															26.33	-	24.56	-	30.52

Kwong Man Kee Group 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.

Kwong Man Kee Group (HKSE:08023) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kwong Man Kee Group Ltd (HKSE:08023) » Definitions » Accounts Payable & Accrued Expense

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Address

91-93 Bedford Road, 21st Floor, The Bedford, Kowloon, Hong Kong, HKG

Website

https://www.kmk.com.hk

Kwong Man Kee Group Ltd provides engineering services to the car park flooring industry. Its services include flooring services, including the application of proprietary floor coating products for providing a colorful, slip-resistance, and a hard-wearing surface that is resistant against water and petrochemicals; and ancillary services comprising concrete repairing and wall painting work.

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