Cortina Holdings (SGX:C41) Accounts Payable & Accrued Expense : S$106.2 Mil (As of Sep. 2023)

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What is Cortina Holdings Accounts Payable & Accrued Expense?

Cortina Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 (S$119.2 Mil) to Mar. 2023 (S$115.7 Mil) and declined from Mar. 2023 (S$115.7 Mil) to Sep. 2023 (S$106.2 Mil).

Cortina Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (S$66.3 Mil) to Mar. 2022 (S$96.4 Mil) and increased from Mar. 2022 (S$96.4 Mil) to Mar. 2023 (S$115.7 Mil).

Cortina Holdings Accounts Payable & Accrued Expense Historical Data

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

Cortina Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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37.14

35.03

66.35

96.36

115.70

Cortina Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															69.57	96.36	119.23	115.70	106.24

Cortina 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.

Cortina Holdings (SGX:C41) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cortina Holdings Ltd (SGX:C41) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

391B Orchard Road, No. 18-01 Ngee Ann City Tower B, Singapore, SGP, 238874

Website

https://www.cortina.com.sg

Cortina Holdings Ltd is engaged in the retail and distribution of luxury watches. It operates in two segments, namely Retail and Wholesale. The retail segment, which derives the majority of revenue, involves in retailing of the timepiece, branded pens, and accessories. The wholesale segment is involved in the wholesale of timepieces and luxury branded accessories. Its brands include Patek Philippe, Rolex, Baume & Mercier, Blancpain, Bvlgari, Cartier, Chopard, Chronoswiss, Corum, Gucci, Omega, and Piaget.

Cortina Holdings (SGX:C41) Headlines

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