Allied Sustainability And Environmental Consultants Group (HKSE:08320) Accounts Payable & Accrued Expense : HK$6.84 Mil (As of Sep. 2023)

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What is Allied Sustainability And Environmental Consultants Group Accounts Payable & Accrued Expense?

Allied Sustainability And Environmental Consultants Group's quarterly accounts payable & accrued expense declined from Mar. 2023 (HK$3.52 Mil) to Jun. 2023 (HK$0.00 Mil) but then increased from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$6.84 Mil).

Allied Sustainability And Environmental Consultants Group's annual accounts payable & accrued expense increased from Mar. 2021 (HK$2.31 Mil) to Mar. 2022 (HK$2.41 Mil) and increased from Mar. 2022 (HK$2.41 Mil) to Mar. 2023 (HK$3.52 Mil).

Allied Sustainability And Environmental Consultants Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Allied Sustainability And Environmental Consultants Group'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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Allied Sustainability And Environmental Consultants Group Accounts Payable & Accrued Expense Chart

Allied Sustainability And Environmental Consultants Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.64

1.52

2.31

2.41

3.52

Allied Sustainability And Environmental Consultants Group 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															7.02	-	3.52	-	6.84

Allied Sustainability And Environmental Consultants Group 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.

Allied Sustainability And Environmental Consultants Group (HKSE:08320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Allied Sustainability And Environmental Consultants Group Ltd (HKSE:08320) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

160 Gloucester Road, 27/F, Overseas Trust Bank Building, Wan Chai, Hong Kong, HKG

Website

https://www.asecg.com

Allied Sustainability And Environmental Consultants Group Ltd is an environmental consulting company. The company is engaged in the provision of consultancy services relating to green building certification consultancy, sustainability and environmental consultancy, acoustics, noise and vibration control, audio-visual design consultancy, and Environmental, social, and governance reporting consultancy. The principal place of the Group's operation is mainly in Hong Kong and has a presence in Macau and the PRC also.

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