Vertical International Holdings (HKSE:08375) Accounts Payable & Accrued Expense : HK$20.28 Mil (As of Dec. 2023)

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What is Vertical International Holdings Accounts Payable & Accrued Expense?

Vertical International Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$22.84 Mil) to Sep. 2023 (HK$0.00 Mil) but then increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$20.28 Mil).

Vertical International Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$25.68 Mil) to Dec. 2022 (HK$14.92 Mil) but then increased from Dec. 2022 (HK$14.92 Mil) to Dec. 2023 (HK$20.28 Mil).

Vertical International Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vertical International 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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Vertical International Holdings Accounts Payable & Accrued Expense Chart

Vertical International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12.79

25.83

25.68

14.92

20.28

Vertical International 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															14.92	-	22.84	-	20.28

Vertical International 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.

Vertical International Holdings (HKSE:08375) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vertical International Holdings Ltd (HKSE:08375) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

63 Wing Hong Street, Unit 2212, 22 Floor, Global Gateway Tower, Cheung Sha Wan, Hong Kong, HKG

Website

http://www.verticaltech.com.cn

Vertical International Holdings Ltd is an investment holding company. It company, with its subsidiaries, is in the Sales of manufactured aluminum electrolytic capacitors and Trading of electronic components segments. It derives key revenue from the sales of manufactured aluminum electrolytic capacitors business which involves the manufacturing and selling of aluminum electrolytic capacitors and represents the manufacturing and selling of chip-type and radial lead-type aluminum electrolytic capacitors in the PRC. Geographically, the group has a business presence in Hong Kong, PRC, Japan, and Other Asian regions.

Executives

Boon Ho Yin Henry	2101 Beneficial owner
Sun Koon Kwan	2202 Interest of your spouse
Vertical Technology Investment Limited	2101 Beneficial owner

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