Modern Healthcare Technology Holdings (HKSE:00919) Accounts Payable & Accrued Expense : HK$71.2 Mil (As of Sep. 2023)

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What is Modern Healthcare Technology Holdings Accounts Payable & Accrued Expense?

Modern Healthcare Technology Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$76.0 Mil) to Mar. 2023 (HK$74.0 Mil) and declined from Mar. 2023 (HK$74.0 Mil) to Sep. 2023 (HK$71.2 Mil).

Modern Healthcare Technology Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (HK$77.1 Mil) to Mar. 2022 (HK$77.9 Mil) but then declined from Mar. 2022 (HK$77.9 Mil) to Mar. 2023 (HK$74.0 Mil).

Modern Healthcare Technology Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Modern Healthcare Technology 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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Modern Healthcare Technology Holdings Accounts Payable & Accrued Expense Chart

Modern Healthcare Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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94.52

84.61

77.06

77.93

73.96

Modern Healthcare Technology 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															79.55	77.93	76.00	73.96	71.22

Modern Healthcare Technology 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.

Modern Healthcare Technology Holdings (HKSE:00919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Modern Healthcare Technology Holdings Ltd (HKSE:00919) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

M3L:Germany

Address

9 Kai Cheung Road, Workshops Nos. 66-68, 6th Floor, Sino Industrial Plaza, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.modernhealthcaretech.com

Modern Healthcare Technology Holdings Ltd is an investment holding company. The company's operating segment includes Beauty and wellness services and Skincare and wellness products. The company generates maximum revenue from Beauty and wellness services segment. The Beauty and Wellness Services segment of the company is engaged in the provision of beauty and wellness services which provides a wide range of health and beauty services, covering skin care, slimming, massage, spa, hair care, manicure, hair removal, makeup, joint care, and privacy care. Geographically, the company derives the maximum of its revenue from Hong Kong and has a presence in Singapore; China, and Australia.

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