Asia Commercial Holdings (HKSE:00104) Accounts Payable & Accrued Expense : HK$88.7 Mil (As of Sep. 2023)

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What is Asia Commercial Holdings Accounts Payable & Accrued Expense?

Asia Commercial Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$98.3 Mil) to Mar. 2023 (HK$101.0 Mil) but then declined from Mar. 2023 (HK$101.0 Mil) to Sep. 2023 (HK$88.7 Mil).

Asia Commercial Holdings's annual accounts payable & accrued expense declined from Mar. 2021 (HK$114.2 Mil) to Mar. 2022 (HK$108.1 Mil) and declined from Mar. 2022 (HK$108.1 Mil) to Mar. 2023 (HK$101.0 Mil).

Asia Commercial Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asia Commercial 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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Asia Commercial Holdings Accounts Payable & Accrued Expense Chart

Asia Commercial Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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127.16

103.37

114.20

108.07

101.01

Asia Commercial Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															114.97	108.07	98.26	101.01	88.67

Asia Commercial 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.

Asia Commercial Holdings (HKSE:00104) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asia Commercial Holdings Ltd (HKSE:00104) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Queen’s Road East, 3901, 39th Floor, The Hopewell Centre, Wanchai, Hong Kong, HKG

Website

http://www.asiacommercialholdings.com

Asia Commercial Holdings Ltd is an investment holding company. It operates business through two segments Sale of Watches (Retail and Wholesale) and Properties Leasing. The company earns the majority of its revenue from sales of watches. The company currently operates in The People's Republic of China, United Kingdom, Hong Kong, and Switzerland out of which PRC generates the maximum revenue for the company.

Executives

Lam Kim Phung	2101 Beneficial owner
Century Hero International Limited	2101 Beneficial owner
Goodideal Industrial Limited	2101 Beneficial owner
Eav Yin	2101 Beneficial owner
Chanchhaya Trustee Holding Corporation
Covenhills Limited

Asia Commercial Holdings (HKSE:00104) Headlines

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