Ming Fai International Holdings (HKSE:03828) Accounts Payable & Accrued Expense : HK$451 Mil (As of Dec. 2023)

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What is Ming Fai International Holdings Accounts Payable & Accrued Expense?

Ming Fai International Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$295 Mil) to Jun. 2023 (HK$235 Mil) but then increased from Jun. 2023 (HK$235 Mil) to Dec. 2023 (HK$451 Mil).

Ming Fai International Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$312 Mil) to Dec. 2022 (HK$295 Mil) but then increased from Dec. 2022 (HK$295 Mil) to Dec. 2023 (HK$451 Mil).

Ming Fai International Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ming Fai 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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Ming Fai International Holdings Accounts Payable & Accrued Expense Chart

Ming Fai International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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403.27

286.73

311.78

295.34

451.04

Ming Fai International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	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															311.78	132.74	295.34	235.42	451.04

Ming Fai 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.

Ming Fai International Holdings (HKSE:03828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ming Fai International Holdings Ltd (HKSE:03828) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Hoi Shing Road, Unit D3, 8th Floor, TML Tower, New Territories, Tsuen Wan, HKG

Website

https://www.mingfaigroup.com

Ming Fai International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of hospitality supplies products (Hospitality Supplies Business), trading of operating supplies and equipment (OS&E Business), and manufacturing and trading of health care and hygienic products (Health Care and Hygienic Products Business). Its products include Acrylic Hotel Supplies, Bath Mats, Portable Cables, umbrellas, Compact mirrors, Bath products, and others. The group has a business presence in North America, Europe, the PRC, Hong Kong, and other countries.

Executives

Ching Chi Fai	2101 Beneficial owner
Lo Kit Ling	2202 Interest of your spouse
Webb David Michael	2201 Interest of corporation controlled by you
Preferable Situation Assets Limited	2101 Beneficial owner

Ming Fai International Holdings (HKSE:03828) Headlines

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