Palinda Group Holdings (HKSE:08179) Accounts Payable & Accrued Expense : HK$1.9 Mil (As of Dec. 2023)

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What is Palinda Group Holdings Accounts Payable & Accrued Expense?

Palinda Group Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$44.6 Mil) to Sep. 2023 (HK$0.0 Mil) but then increased from Sep. 2023 (HK$0.0 Mil) to Dec. 2023 (HK$1.9 Mil).

Palinda Group Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$76.4 Mil) to Dec. 2022 (HK$23.0 Mil) and declined from Dec. 2022 (HK$23.0 Mil) to Dec. 2023 (HK$1.9 Mil).

Palinda Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Palinda 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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Palinda Group Holdings Accounts Payable & Accrued Expense Chart

Palinda Group Holdings Annual Data

Trend

Dec14

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Dec20

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Dec22

Dec23

Accounts Payable & Accrued Expense

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17.72

2.89

76.43

23.03

1.89

Palinda 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															23.03	-	44.64	-	1.89

Palinda 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.

Palinda Group Holdings (HKSE:08179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Palinda Group Holdings Ltd (HKSE:08179) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

1 Hok Cheung Street, Unit 306-A201, 3 Floor, Harbour Centre, Tower 1, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.palinda.com

Palinda Group Holdings Ltd is engaged in diversified business. It is involved in wine trading, production, sales, and distribution of food products, investment in securities, and money lending business and Catering services. The Group?s revenue is generated from the production, sales, and distribution of food products such as barbequed food and Taiwanese Lou Mei to local supermarket chains in Hong Kong.

Executives

Huang Wei	2101 Beneficial owner
Yuen Wai Ching Loretta	2101 Beneficial owner

Palinda Group Holdings (HKSE:08179) Headlines

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