Solowin Holdings (Solowin Holdings) Accounts Payable & Accrued Expense : $5.69 Mil (As of Sep. 2023)

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What is Solowin Holdings Accounts Payable & Accrued Expense?

Solowin Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 ($6.10 Mil) to Mar. 2023 ($6.52 Mil) but then declined from Mar. 2023 ($6.52 Mil) to Sep. 2023 ($5.69 Mil).

Solowin Holdings's annual accounts payable & accrued expense declined from Mar. 2021 ($12.00 Mil) to Mar. 2022 ($7.36 Mil) and declined from Mar. 2022 ($7.36 Mil) to Mar. 2023 ($6.52 Mil).

Solowin Holdings Accounts Payable & Accrued Expense Historical Data

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

Solowin Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

12.00

7.36

6.52

Solowin Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	7.36	6.10	6.52	5.69

Solowin 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.

Solowin Holdings (Solowin Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Solowin Holdings Ltd (NAS:SWIN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.solomonwin.com.hk

Solowin Holdings is a investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its advanced and secured one-stop electronic platform. It is primarily engaged in providing securities related services, investment advisory service, and asset management service to customers.

Solowin Holdings (Solowin Holdings) Headlines

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