China Healthwise Holdings (HKSE:00348) Accounts Payable & Accrued Expense : HK$36.2 Mil (As of Dec. 2023)

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What is China Healthwise Holdings Accounts Payable & Accrued Expense?

China Healthwise Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$38.7 Mil) to Jun. 2023 (HK$15.0 Mil) but then increased from Jun. 2023 (HK$15.0 Mil) to Dec. 2023 (HK$36.2 Mil).

China Healthwise Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$30.2 Mil) to Dec. 2022 (HK$38.7 Mil) but then declined from Dec. 2022 (HK$38.7 Mil) to Dec. 2023 (HK$36.2 Mil).

China Healthwise Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Healthwise 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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China Healthwise Holdings Accounts Payable & Accrued Expense Chart

China Healthwise Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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185.44

24.17

30.17

38.74

36.20

China Healthwise Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															30.17	20.12	38.74	14.98	36.20

China Healthwise 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.

China Healthwise Holdings (HKSE:00348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » China Healthwise Holdings Ltd (HKSE:00348) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 1209, Shun Tak Centre, West Tower, Hong Kong, HKG

Website

http://www.healthwisehk.com/en

China Healthwise Holdings Ltd is an investment holding company. It operates in three segments: Chinese health products, Money lending business, and investment in financial instruments. The majority of its revenue comes from trading in Chinese health products, which include pharmaceutical products, ginseng, and dried seafood products. The company's geographical segments are Hong Kong and the PRC, of which key revenue is derived from Hong Kong.

Executives

Eternity Investment Limited	2201 Interest of corporation controlled by you
Heng Tai Consumables Group Limited	2201 Interest of corporation controlled by you
Heng Tai Finance Limited	2101 Beneficial owner
Lei Hong Wai	2101 Beneficial owner

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