Edensoft Holdings (HKSE:01147) Accounts Payable & Accrued Expense : HK$165.4 Mil (As of Dec. 2023)

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What is Edensoft Holdings Accounts Payable & Accrued Expense?

Edensoft Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$98.1 Mil) to Jun. 2023 (HK$114.9 Mil) and increased from Jun. 2023 (HK$114.9 Mil) to Dec. 2023 (HK$165.4 Mil).

Edensoft Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$169.5 Mil) to Dec. 2022 (HK$98.1 Mil) but then increased from Dec. 2022 (HK$98.1 Mil) to Dec. 2023 (HK$165.4 Mil).

Edensoft Holdings Accounts Payable & Accrued Expense Historical Data

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

Edensoft Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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104.47

186.68

169.47

98.15

165.36

Edensoft Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								169.47	141.29	98.15	114.94	165.36

Edensoft 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.

Edensoft Holdings (HKSE:01147) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edensoft Holdings Ltd (HKSE:01147) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hua Fu Street, 1006 Shennan Road, West, 2nd Floor, Building A, Futian Technology Square, Shenzhen International Innovation Center, Futian District, Shenzhen, CHN

Website

https://www.edensoft.com.cn

Edensoft Holdings Ltd is engaged in provision of IT infrastructure services, IT implementation and supporting services and cloud services in the PRC. Its segment includes IT infrastructure services; IT implementation and supporting services; and Cloud services. It derives key revenue from the IT infrastructure services segment that assess customers' needs and their existing IT environment and providing IT infrastructure services by advising them on the suitable hardware and software products that their IT environment would require, and procuring the relevant hardware and software products from IT products vendors and installing these IT products in customers' IT environment. It operates in Mainland China and Hong Kong, of which prime revenue is derived from Mainland China.

Executives

Ding Xinyun	2201 Interest of corporation controlled by you
Green Leaf Development Limited	2201 Interest of corporation controlled by you
Aztec Pearl Limited	2101 Beneficial owner
Cai Aaron Ding	2401 A concert party to an agreement to buy shares
Tricor Equity Trustee Limited	2301 Trustee
Yan Shi	2202 Interest of your spouse

Edensoft Holdings (HKSE:01147) Headlines

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