Tat Hong Equipment Service Co (HKSE:02153) Accounts Payable & Accrued Expense : HK$440.4 Mil (As of Sep. 2023)

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What is Tat Hong Equipment Service Co Accounts Payable & Accrued Expense?

Tat Hong Equipment Service Co's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$624.3 Mil) to Mar. 2023 (HK$483.5 Mil) and declined from Mar. 2023 (HK$483.5 Mil) to Sep. 2023 (HK$440.4 Mil).

Tat Hong Equipment Service Co's annual accounts payable & accrued expense increased from Mar. 2021 (HK$242.1 Mil) to Mar. 2022 (HK$599.5 Mil) but then declined from Mar. 2022 (HK$599.5 Mil) to Mar. 2023 (HK$483.5 Mil).

Tat Hong Equipment Service Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tat Hong Equipment Service 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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Tat Hong Equipment Service Co Accounts Payable & Accrued Expense Chart

Tat Hong Equipment Service Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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254.16

217.24

242.12

599.49

483.51

Tat Hong Equipment Service Co Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					669.81	599.49	624.32	483.51	440.38

Tat Hong Equipment Service 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.

Tat Hong Equipment Service Co (HKSE:02153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tat Hong Equipment Service Co Ltd (HKSE:02153) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2377, Shenkun Road, Room 601, Building 8, PortMix, Minhang District, Shanghai, CHN, 201106

Website

https://www.tathongchina.com

Tat Hong Equipment Service Co Ltd is engaged in the business of providing tower crane services. The company provides one-stop tower crane solution services from consultation, technical design, commissioning, and construction to after-sales services. Its segments include namely infrastructure, clean energy, traditional energy, public and plant construction, commercial and residential sectors.

Executives

Chwee Cheng & Sons Pte Ltd	2201 Interest of corporation controlled by you
Ng San Tiong	2301 Trustee
Ng San Wee	2301 Trustee
Ng Sun Ho	2301 Trustee
Tat Hong Equipment (china) Pte. Ltd.	2101 Beneficial owner
Tat Hong Holdings Ltd	2201 Interest of corporation controlled by you
Tat Hong International Pte Ltd	2201 Interest of corporation controlled by you
Th60 Investments Pte. Ltd.	2201 Interest of corporation controlled by you
Thsc Investments Pte. Ltd.	2201 Interest of corporation controlled by you
Ng Sun Giam	2301 Trustee
Ng Sun Giam Roger	2301 Trustee
Zoomlion H.k. Holding Co., Limited	2201 Interest of corporation controlled by you
Zoomlion Heavy Industry Science And Technology Co.,limited	2201 Interest of corporation controlled by you
Zoomlion International Trading (h.k.) Co.,limited	2101 Beneficial owner
Lim Hua Min	2201 Interest of corporation controlled by you

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