China Conch Venture Holdings (HKSE:00586) Accounts Payable & Accrued Expense : HK$5,575 Mil (As of Dec. 2023)

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What is China Conch Venture Holdings Accounts Payable & Accrued Expense?

China Conch Venture Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$6,386 Mil) to Jun. 2023 (HK$6,836 Mil) but then declined from Jun. 2023 (HK$6,836 Mil) to Dec. 2023 (HK$5,575 Mil).

China Conch Venture Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$5,478 Mil) to Dec. 2022 (HK$6,386 Mil) but then declined from Dec. 2022 (HK$6,386 Mil) to Dec. 2023 (HK$5,575 Mil).

China Conch Venture Holdings Accounts Payable & Accrued Expense Historical Data

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

China Conch Venture Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,542.03

5,145.57

5,477.88

6,385.69

5,575.11

China Conch Venture 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															5,477.88	8,124.90	6,385.69	6,835.73	5,575.11

China Conch Venture 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 Conch Venture Holdings (HKSE:00586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Conch Venture Holdings Ltd (HKSE:00586) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CCVTF:USA 68C:Germany

Address

1011 Jiuhua South Road, Anhui Province, Wuhu, CHN, 241070

Website

http://www.conchventure.com

China Conch Venture Holdings Ltd is a Hong Kong-based investment holding company engaged in the provision of environmental and energy-saving and environmental protection. The principal activities of the group are environmental protection sector, new energy, new building materials and port logistics. The group focuses on the development of the grate furnace power generation and new energy sectors. Its segment comprises of Waste-to-energy projects, port logistics services, New building materials, Investments, New energy material and solid waste solutions. Majority of revenue is generated from Waste-to-energy projects segment. Waste-to-energy projects segment includes waste incineration solutions, manufacturing and sales of residual heat power generation, vertical mills and related services.

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