China Resources Mixc Lifestyle Services (HKSE:01209) Accounts Payable & Accrued Expense : HK$6,456 Mil (As of Dec. 2023)

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What is China Resources Mixc Lifestyle Services Accounts Payable & Accrued Expense?

China Resources Mixc Lifestyle Services's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$6,821 Mil) to Jun. 2023 (HK$6,610 Mil) and declined from Jun. 2023 (HK$6,610 Mil) to Dec. 2023 (HK$6,456 Mil).

China Resources Mixc Lifestyle Services's annual accounts payable & accrued expense increased from Dec. 2021 (HK$4,629 Mil) to Dec. 2022 (HK$6,821 Mil) but then declined from Dec. 2022 (HK$6,821 Mil) to Dec. 2023 (HK$6,456 Mil).

China Resources Mixc Lifestyle Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Resources Mixc Lifestyle Services'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 Resources Mixc Lifestyle Services Accounts Payable & Accrued Expense Chart

China Resources Mixc Lifestyle Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,180.77

4,105.78

4,628.54

6,820.80

6,455.79

China Resources Mixc Lifestyle Services Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							4,628.54	6,488.65	6,820.80	6,610.45	6,455.79

China Resources Mixc Lifestyle Services 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 Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Mixc Lifestyle Services Ltd (HKSE:01209) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN

Website

https://www.crmixclifestyle.com.cn

China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

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