Anacle Systems (HKSE:08353) Accounts Payable & Accrued Expense : HK$5.4 Mil (As of Nov. 2023)

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What is Anacle Systems Accounts Payable & Accrued Expense?

Anacle Systems's quarterly accounts payable & accrued expense declined from May. 2023 (HK$7.8 Mil) to Aug. 2023 (HK$0.0 Mil) but then increased from Aug. 2023 (HK$0.0 Mil) to Nov. 2023 (HK$5.4 Mil).

Anacle Systems's annual accounts payable & accrued expense increased from May. 2021 (HK$17.2 Mil) to May. 2022 (HK$18.0 Mil) but then declined from May. 2022 (HK$18.0 Mil) to May. 2023 (HK$7.8 Mil).

Anacle Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Anacle Systems'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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Anacle Systems Accounts Payable & Accrued Expense Chart

Anacle Systems Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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10.21

10.53

17.18

17.98

7.79

Anacle Systems Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	7.79	-	5.42	-

Anacle Systems 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.

Anacle Systems (HKSE:08353) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Anacle Systems Ltd (HKSE:08353) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

3 Fusionopolis Way, No. 14-21 Symbiosis, Singapore, SGP, 138633

Website

https://www.anacle.com

Anacle Systems Ltd is a Singapore-based company engaged in software development. It has three operating segments. Simplicity and MyBill segment, which is the key revenue driver, provides specific solutions for enterprise asset management, shared resources management, tenancy management, financial management, supply chain management, customer relationship management and billing management; Starlight segment provides all-time access to the energy profiles of buildings, including information such as energy consumption, power quality, energy analytics, and carbon footprint profiles; and SpaceMonster segment provides an online venue booking platform. Its geographical segments include Singapore, Malaysia, Thailand, China and others, of which the majority of the revenue comes from Singapore.

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