Value Convergence Holdings (Value Convergence Holdings) Accounts Payable & Accrued Expense : $2.20 Mil (As of Dec. 2023)

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What is Value Convergence Holdings Accounts Payable & Accrued Expense?

Value Convergence Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 ($1.72 Mil) to Jun. 2023 ($1.22 Mil) but then increased from Jun. 2023 ($1.22 Mil) to Dec. 2023 ($2.20 Mil).

Value Convergence Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($3.82 Mil) to Dec. 2022 ($1.72 Mil) but then increased from Dec. 2022 ($1.72 Mil) to Dec. 2023 ($2.20 Mil).

Value Convergence Holdings Accounts Payable & Accrued Expense Historical Data

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

Value Convergence Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.59

7.50

3.82

1.72

2.20

Value Convergence Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.82	1.58	1.72	1.22	2.20

Value Convergence 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.

Value Convergence Holdings (Value Convergence Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Value Convergence Holdings Ltd (OTCPK:VCHLF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

00821:Hong Kong

Address

181-185 Gloucester Road, 6th Floor, Centre Point, Wanchai, Hong Kong, HKG

Website

https://www.vcgroup.com.hk

Value Convergence Holdings Ltd is a financial services group delivering financial services and products that fulfill various investment and wealth management needs of clients in the Greater China region. The company's operating segments include Brokerage and Financing; Corporate Finance and other Advisory services; Asset Management; Insurance Brokerage; Proprietary Trading; and Digital asset. The majority of its revenue derives from the Brokerage and Financing segment that engages in securities, futures, and options brokering and dealing, provision of margin financing and money lending, and placing and underwriting services.

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