Prosperous Industrial (Holdings) (HKSE:01731) Accounts Payable & Accrued Expense : HK$326 Mil (As of Dec. 2023)

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What is Prosperous Industrial (Holdings) Accounts Payable & Accrued Expense?

Prosperous Industrial (Holdings)'s quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$322 Mil) to Jun. 2023 (HK$277 Mil) but then increased from Jun. 2023 (HK$277 Mil) to Dec. 2023 (HK$326 Mil).

Prosperous Industrial (Holdings)'s annual accounts payable & accrued expense declined from Dec. 2021 (HK$325 Mil) to Dec. 2022 (HK$322 Mil) but then increased from Dec. 2022 (HK$322 Mil) to Dec. 2023 (HK$326 Mil).

Prosperous Industrial (Holdings) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Prosperous Industrial (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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Prosperous Industrial (Holdings) Accounts Payable & Accrued Expense Chart

Prosperous Industrial (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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251.77

234.10

325.36

321.74

326.49

Prosperous Industrial (Holdings) Semi-Annual Data
	Dec15	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											325.36	294.59	321.74	277.45	326.49

Prosperous Industrial (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.

Prosperous Industrial (Holdings) (HKSE:01731) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Prosperous Industrial (Holdings) Ltd (HKSE:01731) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

71-75 Container Port Road, Unit 1-2, 1st Floor, Join-In Hang Sing Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.pihl.hk

Prosperous Industrial (Holdings) Ltd is an investment holding company principally engaged in the manufacturing and sale of sports bags, handbags and luggage bags. The company's products are categorized as outdoor and sporting bags including day packs and overnight backpacks, which are designed with larger volumes; functional bags such as camera backpacks with multiple pockets and waterproof hydration backpacks; fashion and casual bags, as well as other bags and packs. The company mainly operates its products to North America, Asia, and Europe market.

Executives

Yeung Ming Sum Richard
Yeung Wor Foon Stella
Prosperous Holdings (overseas) Limited
Great Pacific Investment Ltd.	2101 Beneficial owner
Pou Chen Corporation	2201 Interest of corporation controlled by you
Pou Hing Industrial Co. Ltd	2201 Interest of corporation controlled by you
Wealthplus Holdings Limited	2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited	2201 Interest of corporation controlled by you

Prosperous Industrial (Holdings) (HKSE:01731) Headlines

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