Ying Hai Group Holdings Co (HKSE:08668) Accounts Payable & Accrued Expense : HK$16.49 Mil (As of Dec. 2023)

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What is Ying Hai Group Holdings Co Accounts Payable & Accrued Expense?

Ying Hai Group Holdings Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$16.78 Mil) to Sep. 2023 (HK$0.00 Mil) but then increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$16.49 Mil).

Ying Hai Group Holdings Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$3.36 Mil) to Dec. 2022 (HK$3.12 Mil) but then increased from Dec. 2022 (HK$3.12 Mil) to Dec. 2023 (HK$16.49 Mil).

Ying Hai Group Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ying Hai Group 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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Ying Hai Group Holdings Co Accounts Payable & Accrued Expense Chart

Ying Hai Group Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12.16

3.97

3.36

3.12

16.49

Ying Hai Group Holdings Co 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															3.12	-	16.78	-	16.49

Ying Hai Group 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.

Ying Hai Group Holdings Co (HKSE:08668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ying Hai Group Holdings Co Ltd (HKSE:08668) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

67 Mody Road, Room 506, 5th Floor, Peninsula Centre, Tsim Sha Tsui, Hong Kong, HKG

Website

http://www.yinghaiholding.com

Ying Hai Group Holdings Co Ltd is engaged in the sales and distribution of air tickets and hotel rooms, the sales and provision of ancillary travel-related products and services, the provision of car rental services in Macau, cross-border car rental services between Macau and Hong Kong and investment in concert. The firm's operating segments include the Travel business, Vehicle business, and Concert business. It generates a majority of its revenue from the Travel business segment. Geographically, the company generates a majority of its revenue from Macau.

Executives

Choi Wai Chan	2201 Interest of corporation controlled by you
Silver Esteem Limited	2101 Beneficial owner
Wong Pui Keng	2202 Interest of your spouse

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