Steed Oriental (Holdings) Co (HKSE:08277) Accounts Payable & Accrued Expense : HK$14.78 Mil (As of Sep. 2024)

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What is Steed Oriental (Holdings) Co Accounts Payable & Accrued Expense?

Steed Oriental (Holdings) Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (HK$14.90 Mil) to Mar. 2024 (HK$14.16 Mil) but then increased from Mar. 2024 (HK$14.16 Mil) to Sep. 2024 (HK$14.78 Mil).

Steed Oriental (Holdings) Co's annual accounts payable & accrued expense declined from Mar. 2022 (HK$20.08 Mil) to Mar. 2023 (HK$17.28 Mil) and declined from Mar. 2023 (HK$17.28 Mil) to Mar. 2024 (HK$14.16 Mil).

Steed Oriental (Holdings) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Steed Oriental (Holdings) Co'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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Steed Oriental (Holdings) Co Accounts Payable & Accrued Expense Chart

Steed Oriental (Holdings) Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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74.83

56.51

20.08

17.28

14.16

Steed Oriental (Holdings) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															17.28	-	14.90	14.16	14.78

Steed Oriental (Holdings) Co 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.

Steed Oriental (Holdings) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Steed Oriental (Holdings) Co Ltd (HKSE:08277) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 303 Hennessy Road, Room 2104, 21st Floor, OfficePlus Wan Chai, Wanchai, Hong Kong, HKG

Website

http://www.steedoriental.com.hk

Steed Oriental (Holdings) Co Ltd is an investment holding company. The company is engaged in the sourcing, manufacturing, and sale of wooden products such as wooden structural components, wooden doors and windows and wooden furniture. It generates revenue from sourcing, manufacturing and sale of wooden products. Geographically, it derives a majority of its revenue from Mainland China and also has a presence in Hong Kong.

Executives

Sun Xue Song	2101 Beneficial owner
Xue Zhao Qiang	2101 Beneficial owner
Sun Xue Song	2101 Beneficial owner

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