Ming Shing Group Holdings (Ming Shing Group Holdings) Accounts Payable & Accrued Expense : $2.35 Mil (As of Sep. 2023)

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What is Ming Shing Group Holdings Accounts Payable & Accrued Expense?

Ming Shing Group Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 ($1.99 Mil) to Mar. 2023 ($2.27 Mil) and increased from Mar. 2023 ($2.27 Mil) to Sep. 2023 ($2.35 Mil).

Ming Shing Group Holdings's annual accounts payable & accrued expense increased from Mar. 2021 ($0.56 Mil) to Mar. 2022 ($2.29 Mil) but then declined from Mar. 2022 ($2.29 Mil) to Mar. 2023 ($2.27 Mil).

Ming Shing Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ming Shing Group 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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Ming Shing Group Holdings Accounts Payable & Accrued Expense Chart

Ming Shing Group Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

0.56

2.29

2.27

Ming Shing Group Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	2.29	1.99	2.27	2.35

Ming Shing Group 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.

Ming Shing Group Holdings (Ming Shing Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ming Shing Group Holdings Ltd (NAS:MSW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Tai Yau Street, 8th Floor, Cheong Tai Factory Building, San Po Kong, Kowloon, Hong Kong, HKG

Website

https://www.ms100.com.hk

Ming Shing Group Holdings Ltd is a holding company, which is primarily operated through its indirectly wholly-owned Hong Kong Operating Subsidiaries, MS (HK) Engineering Limited and MS Engineering Co., Limited. It is engaged in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works and marble works. the company is mainly engaged in private-sector projects in Hong Kong. Its private sector projects mainly involve private residential developments and commercial developments. The project owners of its private sector projects are generally property developers, and its customers are generally main contractors and wet trades work subcontractors engaged under such projects.

Ming Shing Group Holdings (Ming Shing Group Holdings) Headlines

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