Flying Financial Service Holdings (HKSE:08030) Accounts Payable & Accrued Expense : HK$39.12 Mil (As of Dec. 2023)

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What is Flying Financial Service Holdings Accounts Payable & Accrued Expense?

Flying Financial Service Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$16.69 Mil) to Sep. 2023 (HK$0.00 Mil) but then increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$39.12 Mil).

Flying Financial Service Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$91.28 Mil) to Dec. 2022 (HK$25.21 Mil) but then increased from Dec. 2022 (HK$25.21 Mil) to Dec. 2023 (HK$39.12 Mil).

Flying Financial Service Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Flying Financial Service 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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Flying Financial Service Holdings Accounts Payable & Accrued Expense Chart

Flying Financial Service Holdings Annual Data

Trend

Dec14

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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73.25

79.38

91.28

25.21

39.12

Flying Financial Service Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															25.21	-	16.69	-	39.12

Flying Financial Service 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.

Flying Financial Service Holdings (HKSE:08030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flying Financial Service Holdings Ltd (HKSE:08030) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

18th Floor, Block C, Building 1, Shenzhen Software Industry Base, High-tech Industrial Park, Nanshan District, Shenzhen, CHN

Website

http://www.flyingfinancial.hk

Flying Financial Service Holdings Ltd is an investment holding company. The company's operating segments include Investment in property development projects; Operation of financial services platform; Provision of entrusted loan, pawn loan, other loan services, and financial consultation services, and Finance lease services. It generates maximum revenue from the Operation of financial services platform segment. Geographically, the company business has spread over Hong Kong and China. Most of its revenue is generated from China.

Executives

Yan Qinglin	2101 Beneficial owner
Niu Chengjun	2101 Beneficial owner
Zheng Weijing
Kimberland Credit Limited	2106 Person having a security interest in shares
Shi Andong	2201 Interest of corporation controlled by you
Ming Cheng Investments Limited

Flying Financial Service Holdings (HKSE:08030) Headlines

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