Gain Plus Holdings (HKSE:09900) Accounts Payable & Accrued Expense : HK$75 Mil (As of Sep. 2023)

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What is Gain Plus Holdings Accounts Payable & Accrued Expense?

Gain Plus Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$68 Mil) to Mar. 2023 (HK$55 Mil) but then increased from Mar. 2023 (HK$55 Mil) to Sep. 2023 (HK$75 Mil).

Gain Plus Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (HK$62 Mil) to Mar. 2022 (HK$65 Mil) but then declined from Mar. 2022 (HK$65 Mil) to Mar. 2023 (HK$55 Mil).

Gain Plus Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gain Plus 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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Gain Plus Holdings Accounts Payable & Accrued Expense Chart

Gain Plus Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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61.45

60.91

61.79

65.22

54.81

Gain Plus Holdings Semi-Annual Data
	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										115.10	65.22	68.28	54.81	74.61

Gain Plus 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.

Gain Plus Holdings (HKSE:09900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gain Plus Holdings Ltd (HKSE:09900) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Lung Sum Avenue, Unit 1323A, Level 13, Landmark North, Sheung Shui, The New Territories, Hong Kong, HKG

Website

https://www.doublegain.hk

Gain Plus Holdings Ltd is a construction contractor company. The company is engaged in the provision of building construction services and repair, maintenance, addition, and alteration services (RMAA). The services undertaken by main contractors and subcontractors include site investigation, demolition, structural alternation, and additional work. In addition, its RMAA services of the company comprise general upkeep, restoration, and renovation of existing facilities and components of buildings and surroundings, and services consisting of civil works for new buildings such as lift towers, soccer fields, and walkways. The company earns the majority of its revenue from the provision of RMAA Services.

Executives

Universe King International Investment Limited	2101 Beneficial owner
Leung Wai Ling	2202 Interest of your spouse
Tsang Chiu Kwan	2201 Interest of corporation controlled by you
Giant Winchain Limited
Lai Wai Lam Ricky
Chu Siu Ping

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