Future World Holdings (HKSE:00572) Accounts Payable & Accrued Expense : HK$6.19 Mil (As of Dec. 2023)

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What is Future World Holdings Accounts Payable & Accrued Expense?

Future World Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$32.41 Mil) to Jun. 2023 (HK$22.86 Mil) and declined from Jun. 2023 (HK$22.86 Mil) to Dec. 2023 (HK$6.19 Mil).

Future World Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$22.56 Mil) to Dec. 2022 (HK$32.41 Mil) but then declined from Dec. 2022 (HK$32.41 Mil) to Dec. 2023 (HK$6.19 Mil).

Future World Holdings Accounts Payable & Accrued Expense Historical Data

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

Future World Holdings Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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4.92

53.05

22.56

32.41

6.19

Future World 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															22.56	12.86	32.41	22.86	6.19

Future World 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.

Future World Holdings (HKSE:00572) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Future World Holdings Ltd (HKSE:00572) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbour Road, Room 2601-2604 and 2637-2640, 26th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.fw-holdings.com

Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related service. Majority of revenue is derived from Provision of financing services segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.

Executives

Lai Long Wai	2201 Interest of corporation controlled by you
China Clean Energy Technology Limited	2101 Beneficial owner
Chu Mo Kwan	2101 Beneficial owner
Zhao Zhiqiang	2101 Beneficial owner
Fang Wen Wen
Chu Mo Kwan
Yip Chun Tat	2101 Beneficial owner
Yang Xuanzi	2101 Beneficial owner
Tan Jinkang	2101 Beneficial owner
Liu Mingzhong	2101 Beneficial owner
East Jumbo Development Limited	2501 Other
Or Den Fung Bonnie	2401 A concert party to an agreement to buy shares
Hrg Robotics International Limited
Ha Gong Da Ji Qi Ren Ji Tuan Shang Hai Ke Ji Fu Wu You Xian Gong Si
Ha Gong Da Ji Qi Ren Ji Tuan Gu Fen You Xian Gong Si

Future World Holdings (HKSE:00572) Headlines

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