Tak Lee Machinery Holdings (HKSE:02102) Accounts Payable & Accrued Expense : HK$16.1 Mil (As of Jan. 2024)

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What is Tak Lee Machinery Holdings Accounts Payable & Accrued Expense?

Tak Lee Machinery Holdings's quarterly accounts payable & accrued expense declined from Jan. 2023 (HK$17.3 Mil) to Jul. 2023 (HK$16.3 Mil) and declined from Jul. 2023 (HK$16.3 Mil) to Jan. 2024 (HK$16.1 Mil).

Tak Lee Machinery Holdings's annual accounts payable & accrued expense increased from Jul. 2021 (HK$6.2 Mil) to Jul. 2022 (HK$19.1 Mil) but then declined from Jul. 2022 (HK$19.1 Mil) to Jul. 2023 (HK$16.3 Mil).

Tak Lee Machinery Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tak Lee Machinery 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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Tak Lee Machinery Holdings Accounts Payable & Accrued Expense Chart

Tak Lee Machinery Holdings Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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11.69

15.08

6.20

19.08

16.28

Tak Lee Machinery Holdings Semi-Annual Data
	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													21.11	19.08	17.29	16.28	16.15

Tak Lee Machinery 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.

Tak Lee Machinery Holdings (HKSE:02102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tak Lee Machinery Holdings Ltd (HKSE:02102) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

D.D. 111, Lot No. 117, Sheung Che Village, Pat Heung, Yuen Long, New Territories, Hong Kong, HKG

Website

https://www.tlmc-hk.com

Tak Lee Machinery Holdings Ltd is an earthmoving equipment sales and leasing service provider. The company's operating segment includes Sales of heavy equipment and spare parts; Lease of heavy equipment and Maintenance and ancillary services. It generates maximum revenue from the Sales of heavy equipment and spare parts segment which includes trading of heavy equipment and spare parts in Hong Kong. Geographically, it derives revenue from Hong Kong.

Tak Lee Machinery Holdings (HKSE:02102) Headlines

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