Sheen Tai Holdings Group Co (HKSE:01335) Accounts Payable & Accrued Expense : HK$24.8 Mil (As of Dec. 2023)

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What is Sheen Tai Holdings Group Co Accounts Payable & Accrued Expense?

Sheen Tai Holdings Group Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$25.6 Mil) to Jun. 2023 (HK$23.9 Mil) but then increased from Jun. 2023 (HK$23.9 Mil) to Dec. 2023 (HK$24.8 Mil).

Sheen Tai Holdings Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$27.6 Mil) to Dec. 2022 (HK$25.6 Mil) and declined from Dec. 2022 (HK$25.6 Mil) to Dec. 2023 (HK$24.8 Mil).

Sheen Tai Holdings Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sheen Tai Holdings Group Co'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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Sheen Tai Holdings Group Co Accounts Payable & Accrued Expense Chart

Sheen Tai Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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115.24

31.26

27.58

25.57

24.83

Sheen Tai Holdings Group Co 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															27.58	24.13	25.57	23.85	24.83

Sheen Tai Holdings Group Co 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.

Sheen Tai Holdings Group Co (HKSE:01335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sheen Tai Holdings Group Co Ltd (HKSE:01335) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 18 Fenwick Street, Unit 1903, 19th Floor, Jubilee Centre, Wan Chai, Hong Kong, HKG

Website

http://www.sheentai.com

Sheen Tai Holdings Group Co Ltd is an investment holding company. The company operates through four segments namely Sales of sub-processing cigarette films segment engages in trading of sub-processing cigarette films; the Properties development and related services segment engages in the development and sales of properties and providing property management services; the Generation of photovoltaic power segment engages in generating and sales of electricity; and Sales of semi-conductors engages in trading of semi-conductors. It derives a majority of its revenue from the sales of the semi-conductors segment.

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