WANG & LEE Group (WANG & LEE Group) Accounts Payable & Accrued Expense : $2.84 Mil (As of Dec. 2023)

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What is WANG & LEE Group Accounts Payable & Accrued Expense?

WANG & LEE Group's quarterly accounts payable & accrued expense increased from Dec. 2022 ($2.84 Mil) to Jun. 2023 ($2.85 Mil) but then declined from Jun. 2023 ($2.85 Mil) to Dec. 2023 ($2.84 Mil).

WANG & LEE Group's annual accounts payable & accrued expense increased from Dec. 2021 ($2.30 Mil) to Dec. 2022 ($2.84 Mil) but then declined from Dec. 2022 ($2.84 Mil) to Dec. 2023 ($2.84 Mil).

WANG & LEE Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for WANG & LEE Group'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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WANG & LEE Group Accounts Payable & Accrued Expense Chart

WANG & LEE Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

2.00

2.30

2.84

WANG & LEE Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			2.30	2.28	2.84	2.85	2.84

WANG & LEE Group 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.

WANG & LEE Group (WANG & LEE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WANG & LEE Group Inc (NAS:WLGS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tai Yip Street, 5th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.wangnlee.com.hk

WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED (WLHK). WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

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