Highest Performances Holdings (Highest Performances Holdings) Accounts Payable & Accrued Expense : $86.42 Mil (As of Dec. 2023)

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What is Highest Performances Holdings Accounts Payable & Accrued Expense?

Highest Performances Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 ($5.59 Mil) to Jun. 2023 ($2.40 Mil) but then increased from Jun. 2023 ($2.40 Mil) to Dec. 2023 ($86.42 Mil).

Highest Performances Holdings's annual accounts payable & accrued expense declined from Jun. 2021 ($6.91 Mil) to Jun. 2022 ($5.44 Mil) and declined from Jun. 2022 ($5.44 Mil) to Jun. 2023 ($2.40 Mil).

Highest Performances Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Highest Performances 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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Highest Performances Holdings Accounts Payable & Accrued Expense Chart

Highest Performances Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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3.46

5.19

6.91

5.44

2.40

Highest Performances Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									7.82	5.44	5.59	2.40	86.42

Highest Performances 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.

Highest Performances Holdings (Highest Performances Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Highest Performances Holdings Inc (NAS:HPH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 Zhujiang West Road, 42nd Floor, Pearl River Tower, Zhujiang New Town, Tianhe, Guangdong Province, Guangzhou, CHN

Website

https://www.puyiwm.com

Puyi Inc is the third-party wealth management services provider in China. The company provides wealth management services, corporate finance services and asset management services. It generates a majority of the revenue from wealth management services under which it distributes wealth management products both online and offline through its branch network. Products distributed online include publicly raised fund products, exchange administered products and asset management plans. Products distributed offline include privately raised fund products. In addition, the company also has a corporate finance services business, under which it provides corporate borrowers with financing solutions, including product design, identification of sources of funding, compliance and risk management.