EFT Solutions Holdings (HKSE:08062) Accounts Payable & Accrued Expense : HK$17.8 Mil (As of Sep. 2023)

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What is EFT Solutions Holdings Accounts Payable & Accrued Expense?

EFT Solutions Holdings's quarterly accounts payable & accrued expense declined from Mar. 2023 (HK$11.0 Mil) to Jun. 2023 (HK$0.0 Mil) but then increased from Jun. 2023 (HK$0.0 Mil) to Sep. 2023 (HK$17.8 Mil).

EFT Solutions Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (HK$4.1 Mil) to Mar. 2022 (HK$12.3 Mil) but then declined from Mar. 2022 (HK$12.3 Mil) to Mar. 2023 (HK$11.0 Mil).

EFT Solutions Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for EFT Solutions 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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EFT Solutions Holdings Accounts Payable & Accrued Expense Chart

EFT Solutions Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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16.07

8.93

4.13

12.27

10.99

EFT Solutions Holdings 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															11.27	-	10.99	-	17.77

EFT Solutions 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.

EFT Solutions Holdings (HKSE:08062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EFT Solutions Holdings Ltd (HKSE:08062) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

28-36 Kwai Fung Crescent, Workshops B1 & B3, 11th Floor, Yip Fung Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.eftsolutions.com

EFT Solutions Holdings Ltd is engaged in the sourcing of electronic fund transfer point-of-sale (EFT-POS) solution providers focusing on the sourcing of EFT-POS terminals and peripheral devices and the provision of EFT-POS system support services in Hong Kong. Its segments consist of Sales of hardware devices, System support and software solution services. The majority of the revenue is derived from the provision of system support, software solution services, POS software solutions services and embedded system solution services.

Executives

Lam Ching Man	2202 Interest of your spouse
Lo Chun Kit Andrew	2101 Beneficial owner
Lck Group Limited	2101 Beneficial owner

EFT Solutions Holdings (HKSE:08062) Headlines

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