China Aluminum Cans Holdings (HKSE:06898) Accounts Payable & Accrued Expense : HK$12.7 Mil (As of Dec. 2023)

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What is China Aluminum Cans Holdings Accounts Payable & Accrued Expense?

China Aluminum Cans Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$17.2 Mil) to Jun. 2023 (HK$23.5 Mil) but then declined from Jun. 2023 (HK$23.5 Mil) to Dec. 2023 (HK$12.7 Mil).

China Aluminum Cans Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$11.6 Mil) to Dec. 2022 (HK$17.2 Mil) but then declined from Dec. 2022 (HK$17.2 Mil) to Dec. 2023 (HK$12.7 Mil).

China Aluminum Cans Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Aluminum Cans 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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China Aluminum Cans Holdings Accounts Payable & Accrued Expense Chart

China Aluminum Cans Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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13.76

12.32

11.61

17.20

12.73

China Aluminum Cans Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															11.61	24.19	17.20	23.52	12.73

China Aluminum Cans 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.

China Aluminum Cans Holdings (HKSE:06898) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » China Aluminum Cans Holdings Ltd (HKSE:06898) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 5 Ya Bo Nan Road, National Health Technology Park of Zhongshan, Torch Development Zone, Guangdong Province, Zhongshan, CHN, 528437

Website

http://www.6898hk.com

China Aluminum Cans Holdings Ltd is an investment holding company engaged in the design, development, manufacture, and sale of aluminum aerosol cans. The aluminum aerosol cans are generally used in the packaging of fast-moving personal care products such as body deodorant, hair styling products, and shaving cream, as well as pharmaceutical products, which are pain-relieving spray, spray dressing, and antiseptic spray. Its geographical segments are Africa, America, Asia, Mainland China, and the Middle East, of which the majority of its revenue comes from Mainland China.

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