Hong Kong Ferry (Holdings) Co (HKSE:00050) Accounts Payable & Accrued Expense : HK$232.7 Mil (As of Dec. 2023)

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What is Hong Kong Ferry (Holdings) Co Accounts Payable & Accrued Expense?

Hong Kong Ferry (Holdings) Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$221.8 Mil) to Jun. 2023 (HK$293.8 Mil) but then declined from Jun. 2023 (HK$293.8 Mil) to Dec. 2023 (HK$232.7 Mil).

Hong Kong Ferry (Holdings) Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$182.8 Mil) to Dec. 2022 (HK$221.8 Mil) and increased from Dec. 2022 (HK$221.8 Mil) to Dec. 2023 (HK$232.7 Mil).

Hong Kong Ferry (Holdings) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hong Kong Ferry (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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Hong Kong Ferry (Holdings) Co Accounts Payable & Accrued Expense Chart

Hong Kong Ferry (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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179.05

168.79

182.79

221.83

232.69

Hong Kong Ferry (Holdings) Co 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															182.79	215.19	221.83	293.81	232.69

Hong Kong Ferry (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.

Hong Kong Ferry (Holdings) Co (HKSE:00050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hong Kong Ferry (Holdings) Co Ltd (HKSE:00050) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

98 Tam Kon Shan Road, TYTL 102, Ngau Kok Wan, North Tsing Yi, New Territories, Hong Kong, HKG, TYTL 102

Website

https://www.hkf.com

Hong Kong Ferry (Holdings) Co Ltd is an investment holding company. It operates through four segments comprising Property development including the development and sale of properties; Property investment including rental income from the leasing of properties; Ferry, shipyard and related operations including income from the operation of dangerous goods vehicular ferry service and ship repairs and maintenance services and sales of goods on cruise vessels; and Securities investment segment which includes dividend, interest and other income from debt and equity securities investments. It derives a majority of the revenue from the Property investment segment. All of the group's revenue and profit from operations were derived from activities in Hong Kong.

Executives

Lee Shau Kee

Hong Kong Ferry (Holdings) Co (HKSE:00050) Headlines

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