HL Global Enterprises (SGX:AVX) Accounts Payable & Accrued Expense : S$0.67 Mil (As of Dec. 2023)

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What is HL Global Enterprises Accounts Payable & Accrued Expense?

HL Global Enterprises's quarterly accounts payable & accrued expense increased from Dec. 2022 (S$0.73 Mil) to Jun. 2023 (S$1.76 Mil) but then declined from Jun. 2023 (S$1.76 Mil) to Dec. 2023 (S$0.67 Mil).

HL Global Enterprises's annual accounts payable & accrued expense declined from Dec. 2021 (S$0.79 Mil) to Dec. 2022 (S$0.73 Mil) and declined from Dec. 2022 (S$0.73 Mil) to Dec. 2023 (S$0.67 Mil).

HL Global Enterprises Accounts Payable & Accrued Expense Historical Data

The historical data trend for HL Global Enterprises'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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HL Global Enterprises Accounts Payable & Accrued Expense Chart

HL Global Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.35

0.69

0.79

0.73

0.67

HL Global Enterprises Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.79	1.87	0.73	1.76	0.67

HL Global Enterprises 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.

HL Global Enterprises (SGX:AVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » HL Global Enterprises Ltd (SGX:AVX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Anson Road, Number 19-08 International Plaza, Singapore, SGP, 079903

Website

http://www.hlge.com.sg

HL Global Enterprises Ltd operates and manages hotels and restaurants in Singapore, Malaysia, and China. It is also engaged in the development of properties for sale and rental, and property and development project management. It operates in three segments: Investment and others, which involves investment holding; Hospitality and restaurant which is engaged in operating and management of hotels and restaurants; and Property development which includes development of properties for sale and rental and property and development project management. The hospitality and restaurant segment generates maximum revenue for the company. The company operates in Singapore, the People's Republic of China and Malaysia.