Wah Sun Handbags International Holdings (HKSE:02683) Accounts Payable & Accrued Expense : HK$103.6 Mil (As of Sep. 2023)

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What is Wah Sun Handbags International Holdings Accounts Payable & Accrued Expense?

Wah Sun Handbags International Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$118.0 Mil) to Mar. 2023 (HK$93.6 Mil) but then increased from Mar. 2023 (HK$93.6 Mil) to Sep. 2023 (HK$103.6 Mil).

Wah Sun Handbags International Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (HK$89.1 Mil) to Mar. 2022 (HK$115.9 Mil) but then declined from Mar. 2022 (HK$115.9 Mil) to Mar. 2023 (HK$93.6 Mil).

Wah Sun Handbags International Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wah Sun Handbags International 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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Wah Sun Handbags International Holdings Accounts Payable & Accrued Expense Chart

Wah Sun Handbags International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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204.98

118.37

89.14

115.86

93.62

Wah Sun Handbags International Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											141.30	115.86	118.02	93.62	103.56

Wah Sun Handbags International 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.

Wah Sun Handbags International Holdings (HKSE:02683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wah Sun Handbags International Holdings Ltd (HKSE:02683) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-32 Au Pui Wan Street, Room 9, 6th Floor. Wah Yiu Industrial Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG

Website

http://www.wahsun.com.hk

Wah Sun Handbags International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of handbag products. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Spain and Other countries. Its non-leather handbags are made of materials such as PU, PVC and various types of textile materials, which are mainly mass market and middle-end priced products.

Executives

Wah Sun International Holdings Limited	2101 Beneficial owner
Chan Sim Kuen	2202 Interest of your spouse
Ma Hing Man	2201 Interest of corporation controlled by you
Ma Hing Ming	2201 Interest of corporation controlled by you
Ma Lan Chu	2201 Interest of corporation controlled by you
Ma Lan Heung	2201 Interest of corporation controlled by you
Ma Yum Chee	2201 Interest of corporation controlled by you
Wu Yu Ling	2202 Interest of your spouse
Yung Ngan Sim	2202 Interest of your spouse

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