OKG Technology Holdings (HKSE:01499) Accounts Payable & Accrued Expense : HK$106.7 Mil (As of Sep. 2023)

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What is OKG Technology Holdings Accounts Payable & Accrued Expense?

OKG Technology Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$60.4 Mil) to Mar. 2023 (HK$85.9 Mil) and increased from Mar. 2023 (HK$85.9 Mil) to Sep. 2023 (HK$106.7 Mil).

OKG Technology Holdings's annual accounts payable & accrued expense declined from Mar. 2021 (HK$104.1 Mil) to Mar. 2022 (HK$74.4 Mil) but then increased from Mar. 2022 (HK$74.4 Mil) to Mar. 2023 (HK$85.9 Mil).

OKG Technology Holdings Accounts Payable & Accrued Expense Historical Data

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

OKG Technology Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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77.36

84.39

104.13

74.41

85.92

OKG Technology Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														101.82	74.41	60.42	85.92	106.71

OKG Technology 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.

OKG Technology Holdings (HKSE:01499) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » OKG Technology Holdings Ltd (HKSE:01499) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

255-257 Gloucester Road, Unit 902-903, 9th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

https://www.okg.com.hk

OKG Technology Holdings Ltd provides engineering and building services to the construction sector. The company's operating segment includes Construction waste handling services; Foundation, building construction works and ancillary services; Technical services; Digital assets related businesses; and Other businesses. It generates maximum revenue from the Foundation, building construction works, and ancillary services segment. Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Okc Holdings Corporation	2101 Beneficial owner
Xu Mingxing	2201 Interest of corporation controlled by you

OKG Technology Holdings (HKSE:01499) Headlines

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