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Summi (Group) Holdings (HKSE:00756) Accounts Payable & Accrued Expense : HK$77.34 Mil (As of Dec. 2023)


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What is Summi (Group) Holdings Accounts Payable & Accrued Expense?

Summi (Group) Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$158.12 Mil) to Jun. 2023 (HK$78.61 Mil) and declined from Jun. 2023 (HK$78.61 Mil) to Dec. 2023 (HK$77.34 Mil).

Summi (Group) Holdings's annual accounts payable & accrued expense increased from Jun. 2021 (HK$58.20 Mil) to Jun. 2022 (HK$111.52 Mil) but then declined from Jun. 2022 (HK$111.52 Mil) to Jun. 2023 (HK$78.61 Mil).


Summi (Group) Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Summi (Group) 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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Summi (Group) Holdings Accounts Payable & Accrued Expense Chart

Summi (Group) Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.29 86.61 58.20 111.52 78.61

Summi (Group) 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.43 111.52 158.12 78.61 77.34

Summi (Group) 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.


Summi (Group) Holdings (HKSE:00756) Business Description

Traded in Other Exchanges
N/A
Address
838 Lai Chi Kok Road, Room 702, 7th Floor, Laford Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Summi (Group) Holdings Ltd operates in the beverages business. The company and its subsidiaries are principally engaged in the sale of frozen concentrated orange juice and other related products; and production and sale of freshly squeezed orange juice. The products of the group are offered under Summi brand name. It operates in two segments: Production and Sale of FCOJ and Other Related Products Business and Production and Sale of Summi Fresh Orange Juice and Other Products Busines. The company generates maximum revenue from production and Sale of Summi Fresh Orange Juice and Other Products Business segment. Geographically the company operates in South East Asia, Mainland China and Hong Kong.
Executives
Rui Er Holdings Company Limited 2101 Beneficial owner
Wu Shaohao 2201 Interest of corporation controlled by you
Yang Xijuan 2202 Interest of your spouse
Hu Mingyue 2101 Beneficial owner
Hong Man Na 2202 Interest of your spouse

Summi (Group) Holdings (HKSE:00756) Headlines

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