TUGHF (Tungtex (Holdings) Co) Accounts Payable & Accrued Expense : $14.78 Mil (As of Sep. 2024)

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What is Tungtex (Holdings) Co Accounts Payable & Accrued Expense?

Tungtex (Holdings) Co's quarterly accounts payable & accrued expense declined from Sep. 2023 ($11.53 Mil) to Mar. 2024 ($11.44 Mil) but then increased from Mar. 2024 ($11.44 Mil) to Sep. 2024 ($14.78 Mil).

Tungtex (Holdings) Co's annual accounts payable & accrued expense declined from Mar. 2022 ($11.25 Mil) to Mar. 2023 ($9.59 Mil) but then increased from Mar. 2023 ($9.59 Mil) to Mar. 2024 ($11.44 Mil).

Tungtex (Holdings) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tungtex (Holdings) Co'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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Tungtex (Holdings) Co Accounts Payable & Accrued Expense Chart

Tungtex (Holdings) Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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7.92

6.55

11.25

9.59

11.44

Tungtex (Holdings) Co Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13.23	9.59	11.53	11.44	14.78

Tungtex (Holdings) Co 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.

Tungtex (Holdings) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tungtex (Holdings) Co Ltd (OTCPK:TUGHF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

00518:Hong Kong

Address

No. 83 Hung To Road, Office A, 26th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.tungtex.com

Tungtex (Holdings) Co Ltd is engaged in the business of manufacturing and sale of garments products. The operating segments of the group are North America, Asia, and Europe and others. Its customers are located in the PRC, the USA, Canada, European countries, and other countries, of which key revenue is generated from the USA. The company offers Silk-blended, Linen, Cotton, Synthetic items, and other products.