Infinity Logistics And Transport Ventures (HKSE:01442) Accounts Payable & Accrued Expense : HK$100.4 Mil (As of Dec. 2023)

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What is Infinity Logistics And Transport Ventures Accounts Payable & Accrued Expense?

Infinity Logistics And Transport Ventures's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$78.9 Mil) to Jun. 2023 (HK$74.1 Mil) but then increased from Jun. 2023 (HK$74.1 Mil) to Dec. 2023 (HK$100.4 Mil).

Infinity Logistics And Transport Ventures's annual accounts payable & accrued expense increased from Dec. 2021 (HK$75.4 Mil) to Dec. 2022 (HK$78.9 Mil) and increased from Dec. 2022 (HK$78.9 Mil) to Dec. 2023 (HK$100.4 Mil).

Infinity Logistics And Transport Ventures Accounts Payable & Accrued Expense Historical Data

The historical data trend for Infinity Logistics And Transport Ventures'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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Infinity Logistics And Transport Ventures Accounts Payable & Accrued Expense Chart

Infinity Logistics And Transport Ventures Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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57.74

53.39

75.43

78.86

100.36

Infinity Logistics And Transport Ventures Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									75.43	77.24	78.86	74.10	100.36

Infinity Logistics And Transport Ventures 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.

Infinity Logistics And Transport Ventures (HKSE:01442) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Infinity Logistics And Transport Ventures Ltd (HKSE:01442) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200

Website

https://www.infinity.com.my

Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.

Executives

2926 Holdings Limited	2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

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