Jinhua Capital (TSXV:JHC) Accounts Payable & Accrued Expense : C$0.90 Mil (As of Sep. 2024)

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What is Jinhua Capital Accounts Payable & Accrued Expense?

Jinhua Capital's quarterly accounts payable & accrued expense declined from Mar. 2024 (C$0.75 Mil) to Jun. 2024 (C$0.71 Mil) but then increased from Jun. 2024 (C$0.71 Mil) to Sep. 2024 (C$0.90 Mil).

Jinhua Capital's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.07 Mil) to Dec. 2022 (C$0.17 Mil) and increased from Dec. 2022 (C$0.17 Mil) to Dec. 2023 (C$0.73 Mil).

Jinhua Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jinhua Capital'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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Jinhua Capital Accounts Payable & Accrued Expense Chart

Jinhua Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.36

0.40

0.07

0.17

0.73

Jinhua Capital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.50	0.73	0.75	0.71	0.90

Jinhua Capital 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.

Jinhua Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jinhua Capital Corp (TSXV:JHC) » Definitions » Accounts Payable & Accrued Expense

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Address

1055 W. Georgia Street, Royal Centre, Suite 1500, Vancouver, BC, CAN, V6E 4N7

Website

Jinhua Capital Corp is a capital pool company. The principal business of the Corporation is to identify and evaluate assets or businesses with a view to potentially acquiring them or an interest therein as a result of the closing of a purchase transaction, the exercising of an option or any concomitant transaction.

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