AP Rentals Holdings (HKSE:01496) Accounts Payable & Accrued Expense : HK$18.5 Mil (As of Sep. 2023)

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What is AP Rentals Holdings Accounts Payable & Accrued Expense?

AP Rentals Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$21.2 Mil) to Mar. 2023 (HK$17.0 Mil) but then increased from Mar. 2023 (HK$17.0 Mil) to Sep. 2023 (HK$18.5 Mil).

AP Rentals Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (HK$22.9 Mil) to Mar. 2022 (HK$23.9 Mil) but then declined from Mar. 2022 (HK$23.9 Mil) to Mar. 2023 (HK$17.0 Mil).

AP Rentals Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for AP Rentals 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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AP Rentals Holdings Accounts Payable & Accrued Expense Chart

AP Rentals Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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38.43

27.85

22.92

23.90

17.01

AP Rentals Holdings Semi-Annual Data
	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													24.26	23.90	21.17	17.01	18.50

AP Rentals 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.

AP Rentals Holdings (HKSE:01496) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » AP Rentals Holdings Ltd (HKSE:01496) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 75, Mody Road, Unit 806A, 8th Floor, Tower II, South Seas Centre, Kowloon, Hong Kong, HKG

Website

https://www.aprentalshk.com

AP Rentals Holdings Ltd operates as an equipment rental service company in Hong Kong. The company's operating segment includes Leasing and Trading. where the leasing segment is engaged in the leasing of machinery, lease-related operating service, repair and maintenance service, delivery service, and installation service, and the trading segment includes sales of machinery and parts. The company generates maximum revenue from the Leasing segment. Geographically, the company derives the majority of its revenue from Hong Kong and has a presence in Macau, PRC, and Singapore.

AP Rentals Holdings (HKSE:01496) Headlines

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