MECOM Power and Construction (HKSE:01183) Accounts Payable & Accrued Expense : HK$208 Mil (As of Dec. 2023)

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What is MECOM Power and Construction Accounts Payable & Accrued Expense?

MECOM Power and Construction's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$265 Mil) to Jun. 2023 (HK$236 Mil) and declined from Jun. 2023 (HK$236 Mil) to Dec. 2023 (HK$208 Mil).

MECOM Power and Construction's annual accounts payable & accrued expense increased from Dec. 2021 (HK$124 Mil) to Dec. 2022 (HK$265 Mil) but then declined from Dec. 2022 (HK$265 Mil) to Dec. 2023 (HK$208 Mil).

MECOM Power and Construction Accounts Payable & Accrued Expense Historical Data

The historical data trend for MECOM Power and Construction'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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MECOM Power and Construction Accounts Payable & Accrued Expense Chart

MECOM Power and Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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71.66

72.29

124.25

265.44

208.34

MECOM Power and Construction Semi-Annual Data
	Dec14	Dec15	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												124.25	317.48	265.44	235.89	208.34

MECOM Power and Construction 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.

MECOM Power and Construction (HKSE:01183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » MECOM Power and Construction Ltd (HKSE:01183) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 258 Alameda Dr. Carlos D'Assumpcao, Units Q, R and S, 6th Floor, Kin Fu Kuok, Praca Kin Heng Long-Heng Hoi Kuok, Macau, MAC

Website

http://www.mecommacau.com

MECOM Power and Construction Ltd is an integrated construction engineering contractor and power substations constructor in Macau. The company's segment includes Construction business engages in the provision of construction services, including construction and fitting out works, high voltage power substation construction and its system installation works, E&M engineering services works, and provision of facilities management services; and EV charging business engages in the sale of EV charging systems and subscription fee income. It generates maximum revenue from Construction and fitting out works segment. Geographically, it derives revenue from Macau.

Executives

Lei Kuok Hong	2201 Interest of corporation controlled by you
Chan Sao Ieng	2202 Interest of your spouse
Kuan Chio Man
Macau New Base Investment Company Limited	2101 Beneficial owner
Chan Ka Lai
Kuok Lam Sek
Lam Ka Man
Lam Kuok Wa
Lao Ka Wa
Mecom Holding Limited
Sou Kun Tou
Tam Cho Veng
Wong Fong Peng

MECOM Power and Construction (HKSE:01183) Headlines

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