China Tobacco International (HK) Co (HKSE:06055) Accounts Payable & Accrued Expense : HK$1,476 Mil (As of Dec. 2023)

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What is China Tobacco International (HK) Co Accounts Payable & Accrued Expense?

China Tobacco International (HK) Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$1,942 Mil) to Jun. 2023 (HK$1,183 Mil) but then increased from Jun. 2023 (HK$1,183 Mil) to Dec. 2023 (HK$1,476 Mil).

China Tobacco International (HK) Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$1,356 Mil) to Dec. 2022 (HK$1,942 Mil) but then declined from Dec. 2022 (HK$1,942 Mil) to Dec. 2023 (HK$1,476 Mil).

China Tobacco International (HK) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Tobacco International (HK) 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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China Tobacco International (HK) Co Accounts Payable & Accrued Expense Chart

China Tobacco International (HK) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,203.54

1,930.76

1,356.16

1,942.18

1,475.84

China Tobacco International (HK) Co 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									1,356.16	1,830.16	1,942.18	1,182.76	1,475.84

China Tobacco International (HK) 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.

China Tobacco International (HK) Co (HKSE:06055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » China Tobacco International (HK) Co Ltd (HKSE:06055) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Hung Leun Road, China Life Center, Room 1002, 10th Floor, Tower A, One Harbour Gate, Hung Hom, Kowloon, Hong Kong, HKG

Website

http://www.ctihk.com.hk

China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through the following segments: Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, and New Tobacco Product Export Business. The company's geographical segments are China (excluding the SARs), Indonesia, Hong Kong, Philippines, Vietnam, Singapore, Thailand, and others.

China Tobacco International (HK) Co (HKSE:06055) Headlines

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