China Wan Tong Yuan (Holdings) (HKSE:06966) Accounts Payable & Accrued Expense : HK$14.59 Mil (As of Dec. 2023)

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What is China Wan Tong Yuan (Holdings) Accounts Payable & Accrued Expense?

China Wan Tong Yuan (Holdings)'s quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$13.21 Mil) to Jun. 2023 (HK$6.31 Mil) but then increased from Jun. 2023 (HK$6.31 Mil) to Dec. 2023 (HK$14.59 Mil).

China Wan Tong Yuan (Holdings)'s annual accounts payable & accrued expense increased from Dec. 2021 (HK$12.18 Mil) to Dec. 2022 (HK$13.21 Mil) and increased from Dec. 2022 (HK$13.21 Mil) to Dec. 2023 (HK$14.59 Mil).

China Wan Tong Yuan (Holdings) Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Wan Tong Yuan (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 Wan Tong Yuan (Holdings) Accounts Payable & Accrued Expense Chart

China Wan Tong Yuan (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4.06

6.29

12.18

13.21

14.59

China Wan Tong Yuan (Holdings) Semi-Annual Data
	Dec15	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											12.18	10.02	13.21	6.31	14.59

China Wan Tong Yuan (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 Wan Tong Yuan (Holdings) (HKSE:06966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » China Wan Tong Yuan (Holdings) Ltd (HKSE:06966) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 48, Louzhuang Road, Langfang Development Area, Hebei, Langfang, CHN

Website

http://www.chinawty.com

China Wan Tong Yuan (Holdings) Ltd is a burial services provider in Langfang, Hebei Province, China. It offers cemetery services under the brand Wan Tong Yuan and burial services, including traditional and artistic burial services. The group's businesses involve the Sales of burial plots; Sales of columbarium units; Provision of other burial-related services; and Provision of cemetery maintenance services. It derives key revenue from the sales of burial plots. The group operates in the PRC.

Executives

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Zhao Ying

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