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China Fortune Investments (Holding) (STU:NLY5) Accounts Payable & Accrued Expense : €0.93 Mil (As of Jun. 2021)


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What is China Fortune Investments (Holding) Accounts Payable & Accrued Expense?

China Fortune Investments (Holding)'s quarterly accounts payable & accrued expense declined from Dec. 2020 (€1.56 Mil) to Mar. 2021 (€0.00 Mil) but then increased from Mar. 2021 (€0.00 Mil) to Jun. 2021 (€0.93 Mil).

China Fortune Investments (Holding)'s annual accounts payable & accrued expense increased from Dec. 2018 (€0.80 Mil) to Dec. 2019 (€2.62 Mil) but then declined from Dec. 2019 (€2.62 Mil) to Dec. 2020 (€1.56 Mil).


China Fortune Investments (Holding) Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Fortune Investments (Holding)'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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China Fortune Investments (Holding) Accounts Payable & Accrued Expense Chart

China Fortune Investments (Holding) Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 6.94 0.80 2.62 1.56

China Fortune Investments (Holding) Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 - 1.56 - 0.93

China Fortune Investments (Holding) 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.


China Fortune Investments (Holding) (STU:NLY5) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Shops 212-213, 2nd Floor, Shun tak Centre, Sheung Wan, Hong Kong, HKG
China Fortune Investments (Holding) Ltd is an investment holding company, engages in the wholesale and retail of wines and cigars and golf products in Hong Kong. The company offers red wines, white wines, champagnes, whiskeys and other liquors and spirits; and golf-related products, such as golf clubs, balls, shoes, gloves, clothing and other accessories of various brands. It operates through the following segments: Sale of Wine and Cigar; Sale of Golf Products; Sale of Watch and Jewellery; Provision of Money Lending Services, and Others. The firm's Wine and Cigar segment generate major revenue for the firm.

China Fortune Investments (Holding) (STU:NLY5) Headlines

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