Progressive Path Group Holdings (HKSE:01581) Accounts Payable & Accrued Expense : HK$100.8 Mil (As of Sep. 2023)

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What is Progressive Path Group Holdings Accounts Payable & Accrued Expense?

Progressive Path Group Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$77.2 Mil) to Mar. 2023 (HK$92.3 Mil) and increased from Mar. 2023 (HK$92.3 Mil) to Sep. 2023 (HK$100.8 Mil).

Progressive Path Group Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (HK$55.5 Mil) to Mar. 2022 (HK$57.2 Mil) and increased from Mar. 2022 (HK$57.2 Mil) to Mar. 2023 (HK$92.3 Mil).

Progressive Path Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Progressive Path Group 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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Progressive Path Group Holdings Accounts Payable & Accrued Expense Chart

Progressive Path Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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24.99

49.10

55.46

57.20

92.27

Progressive Path Group Holdings Semi-Annual Data
	Mar14	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														62.92	57.20	77.20	92.27	100.82

Progressive Path Group 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.

Progressive Path Group Holdings (HKSE:01581) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Progressive Path Group Holdings Ltd (HKSE:01581) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 22 Hoi Wing Road, Unit 1108, 11th Floor, Tuen Mun Central Square, Tuen Mun, New Territories, Hong Kong, HKG

Website

https://www.ppgh.com.hk

Progressive Path Group Holdings Ltd is engaged in construction engineering work and the provision of construction machinery rental services in Hong Kong. Its construction machinery rental services represent the rental of construction machines and construction vehicles to customers, and the provision of machine operators and transportation services as part of its one-stop construction machinery rental services. Its construction works represent the construction projects undertaken, the nature of which are broadly classified as foundation and site formation works, and builder's work and general building works. Its segments are Construction works and Construction Machinery Rental.

Executives

Profit Gold Global Limited	2101 Beneficial owner
Kwok Wai Sheung Melody	2202 Interest of your spouse
Wu Wing Hang	2201 Interest of corporation controlled by you

Progressive Path Group Holdings (HKSE:01581) Headlines

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