Mainland Headwear Holdings (HKSE:01100) Accounts Payable & Accrued Expense : HK$219 Mil (As of Dec. 2023)

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What is Mainland Headwear Holdings Accounts Payable & Accrued Expense?

Mainland Headwear Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$286 Mil) to Jun. 2023 (HK$221 Mil) and declined from Jun. 2023 (HK$221 Mil) to Dec. 2023 (HK$219 Mil).

Mainland Headwear Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$249 Mil) to Dec. 2022 (HK$286 Mil) but then declined from Dec. 2022 (HK$286 Mil) to Dec. 2023 (HK$219 Mil).

Mainland Headwear Holdings Accounts Payable & Accrued Expense Historical Data

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

Mainland Headwear Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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140.40

152.36

249.31

286.09

218.69

Mainland Headwear 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															249.31	249.66	286.09	220.72	218.69

Mainland Headwear 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.

Mainland Headwear Holdings (HKSE:01100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mainland Headwear Holdings Ltd (HKSE:01100) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Sheung Yuet Road, Rooms 2301–2305, 23rd Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.mainland.com.hk

Mainland Headwear Holdings Ltd is an investment holding company. The group is mainly engaged in the design, manufacture, and retail of quality casual headwear. The firm operates in two segments including Manufacturing and Trading. In the Manufacturing segment, it manufactures headwear products for sale to its Trading and Retail Business as well as to external customers. The trading segment includes trading and distribution of headwear, apparel, small leather goods, bags and accessories. The firm sells its products in overseas countries with the US as the main market, followed by the European market. The key revenue is derived from the Manufacturing segment.

Executives

Ngan Hei Keung	2501 Other
Ngan Po Ling, Pauline	2501 Other

Mainland Headwear Holdings (HKSE:01100) Headlines

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