Huabang Technology Holdings (HKSE:03638) Accounts Payable & Accrued Expense : HK$60.8 Mil (As of Sep. 2023)

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What is Huabang Technology Holdings Accounts Payable & Accrued Expense?

Huabang Technology Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$61.9 Mil) to Mar. 2023 (HK$62.7 Mil) but then declined from Mar. 2023 (HK$62.7 Mil) to Sep. 2023 (HK$60.8 Mil).

Huabang Technology Holdings's annual accounts payable & accrued expense declined from Mar. 2021 (HK$48.1 Mil) to Mar. 2022 (HK$34.0 Mil) but then increased from Mar. 2022 (HK$34.0 Mil) to Mar. 2023 (HK$62.7 Mil).

Huabang Technology Holdings Accounts Payable & Accrued Expense Historical Data

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

Huabang Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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19.03

88.57

48.08

34.04

62.69

Huabang Technology Holdings Semi-Annual Data
	Mar14	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															54.57	34.04	61.92	62.69	60.75

Huabang 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.

Huabang Technology Holdings (HKSE:03638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huabang Technology Holdings Ltd (HKSE:03638) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Wang Chiu Road, 33rd Floor, Enterprise Square Three, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.huabangfinancial.com

Huabang Technology Holdings Ltd is an investment holding company. The operating segments of the company include the Trading segment (Computer and peripheral products business and electronics products), the Food trading business, and the Financial Services business (including securities brokerage business, advisory services business, and money lending business). The company generates maximum revenue from the Computer and peripheral products business segment.

Executives

Cheung Lit Wan Kenneth	2201 Interest of corporation controlled by you
Talent Virtue International Limited	2101 Beneficial owner
Forever Star Capital Limited	2101 Beneficial owner
Shen Wei	2201 Interest of corporation controlled by you
Luo Jian	2101 Beneficial owner
Lin Rui Ping	2101 Beneficial owner
Lu George	2202 Interest of your spouse
Xin Bang Jin Rong Ji Tuan You Xian Gong Si	2101 Beneficial owner
China Goldjoy Securities Limited

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