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Ocean Line Port Development (HKSE:08502) Accounts Payable & Accrued Expense : HK$47.1 Mil (As of Dec. 2023)


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What is Ocean Line Port Development Accounts Payable & Accrued Expense?

Ocean Line Port Development's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$131.0 Mil) to Sep. 2023 (HK$0.0 Mil) but then increased from Sep. 2023 (HK$0.0 Mil) to Dec. 2023 (HK$47.1 Mil).

Ocean Line Port Development's annual accounts payable & accrued expense declined from Dec. 2021 (HK$69.7 Mil) to Dec. 2022 (HK$59.9 Mil) and declined from Dec. 2022 (HK$59.9 Mil) to Dec. 2023 (HK$47.1 Mil).


Ocean Line Port Development Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ocean Line Port Development'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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Ocean Line Port Development Accounts Payable & Accrued Expense Chart

Ocean Line Port Development Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 80.66 59.72 69.67 59.87 47.08

Ocean Line Port Development 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.87 - 131.02 - 47.08

Ocean Line Port Development 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.


Ocean Line Port Development (HKSE:08502) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Yanjiang Avenue, Chizhou Economic Development Zone, Chizhou, Anhui, CHN
Ocean Line Port Development Ltd is engaged in the provision of port logistic services. Its business includes cargo handling and related supporting port services, including warehousing, short-haul land transportation, and other miscellaneous services. The company provides loading and unloading services for domestic and foreign trade, covering a wide range of cargo types, including bulk cargoes. Geographically, the group provides port services in China, and all its revenues are generated in China.
Executives
Vital Force Developments Limited 2101 Beneficial owner
Cheung Wai Fung 2101 Beneficial owner
Kwai Sze Hoi 2101 Beneficial owner

Ocean Line Port Development (HKSE:08502) Headlines

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