Eco-Tek Holdings (HKSE:08169) Accounts Payable & Accrued Expense : HK$26.27 Mil (As of Oct. 2024)

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What is Eco-Tek Holdings Accounts Payable & Accrued Expense?

Eco-Tek Holdings's quarterly accounts payable & accrued expense declined from Oct. 2023 (HK$26.47 Mil) to Apr. 2024 (HK$9.98 Mil) but then increased from Apr. 2024 (HK$9.98 Mil) to Oct. 2024 (HK$26.27 Mil).

Eco-Tek Holdings's annual accounts payable & accrued expense declined from Oct. 2022 (HK$27.94 Mil) to Oct. 2023 (HK$26.47 Mil) and declined from Oct. 2023 (HK$26.47 Mil) to Oct. 2024 (HK$26.27 Mil).

Eco-Tek Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Eco-Tek 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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Eco-Tek Holdings Accounts Payable & Accrued Expense Chart

Eco-Tek Holdings Annual Data

Trend

Oct15

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Oct24

Accounts Payable & Accrued Expense

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48.82

43.72

27.94

26.47

26.27

Eco-Tek Holdings Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Apr24	Oct24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10.14	-	26.47	9.98	26.27

Eco-Tek 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.

Eco-Tek Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eco-Tek Holdings Ltd (HKSE:08169) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

20 Westlands Road, Quarry Bay, Unit 2, 9th Floor, Westlands Centre, Hong Kong, HKG

Website

http://www.eco-tek.com.hk

Eco-Tek Holdings Ltd and its subsidiaries are principally involved in the marketing, sales, servicing, research, and development of environmental protection-related products and services. The company operates in two segments: Environment-friendly products and Water supply plants. The environment-friendly products segment, which accounts for the key revenue is into the sale of general & industrial environment-friendly products, components, and other related accessories. Its geographical segments are Hong Kong, PRC, and others, of which key revenue comes from the PRC.

Executives

Pau Kwok Ping	2101 Beneficial owner
Crayne Company Limited	2101 Beneficial owner
Wide Sky Management Limited (formerly Known As Wide Sky Management (ptc) Limited)	2201 Interest of corporation controlled by you
Chiang Lily	2307 Founder of a discretionary trust who can infl
Virtue Trustees (switzerland) Ag	2301 Trustee

Eco-Tek Holdings Headlines

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