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TAOHY (Tao Heung Holdings) Accounts Payable & Accrued Expense : $35.19 Mil (As of Jun. 2024)


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What is Tao Heung Holdings Accounts Payable & Accrued Expense?

Tao Heung Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 ($42.77 Mil) to Dec. 2023 ($24.31 Mil) but then increased from Dec. 2023 ($24.31 Mil) to Jun. 2024 ($35.19 Mil).

Tao Heung Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($47.41 Mil) to Dec. 2022 ($25.60 Mil) and declined from Dec. 2022 ($25.60 Mil) to Dec. 2023 ($24.31 Mil).


Tao Heung Holdings Accounts Payable & Accrued Expense Historical Data

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

Tao Heung Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.92 39.88 47.41 25.60 24.31

Tao Heung Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 45.17 25.60 42.77 24.31 35.19

Tao Heung 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.


Tao Heung Holdings Business Description

Traded in Other Exchanges
Address
Number 18 Dai Fat Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. It is also engaged in chilled and packaged food, bakery operations, production, sale and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. Group operates restaurants under Tao heung, Tao Square, and Tai Cheong Bakery brands. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a larger share of the company revenue.

Tao Heung Holdings Headlines

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