Luk Hing Entertainment Group Holdings (HKSE:08052) Accounts Payable & Accrued Expense : HK$0.00 Mil (As of Sep. 2023)

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What is Luk Hing Entertainment Group Holdings Accounts Payable & Accrued Expense?

Luk Hing Entertainment Group Holdings's quarterly accounts payable & accrued expense increased from Mar. 2023 (HK$0.00 Mil) to Jun. 2023 (HK$74.06 Mil) but then declined from Jun. 2023 (HK$74.06 Mil) to Sep. 2023 (HK$0.00 Mil).

Luk Hing Entertainment Group Holdings's annual accounts payable & accrued expense increased from Dec. 2020 (HK$34.01 Mil) to Dec. 2021 (HK$42.69 Mil) and increased from Dec. 2021 (HK$42.69 Mil) to Dec. 2022 (HK$80.25 Mil).

Luk Hing Entertainment Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luk Hing Entertainment Group 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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Luk Hing Entertainment Group Holdings Accounts Payable & Accrued Expense Chart

Luk Hing Entertainment Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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46.00

34.01

42.69

80.25

12.90

Luk Hing Entertainment Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															80.25	-	74.06	-	12.90

Luk Hing Entertainment Group 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.

Luk Hing Entertainment Group Holdings (HKSE:08052) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Luk Hing Entertainment Group Holdings Ltd (HKSE:08052) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

168-200 Connaught Road Central, Suite 1505, 15 Floor, Shun Tak Centre West Tower, Sheung Wan, Hong Kong, HKG

Website

https://www.lukhing.com

Luk Hing Entertainment Group Holdings Ltd is an investment holding company. It is engaged in the food and beverage and entertainment industry. The company's principal activities are the operation of clubs and restaurants, organizing music-related featured events as well as granting loans to entities in the food and beverage and entertainment industry. It generates its revenue in the form of sponsorship income, entrance fee income, loan interest income, and sale of food, beverage, and other products. Geographically, the company generates a majority of its revenue from Hong Kong and has a presence in China.

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