Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Accounts Payable & Accrued Expense : $4.91 Mil (As of Dec. 2023)

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What is Neo-Concept International Group Holdings Accounts Payable & Accrued Expense?

Neo-Concept International Group Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 ($2.26 Mil) to Jun. 2023 ($5.34 Mil) but then declined from Jun. 2023 ($5.34 Mil) to Dec. 2023 ($4.91 Mil).

Neo-Concept International Group Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($11.26 Mil) to Dec. 2022 ($2.26 Mil) but then increased from Dec. 2022 ($2.26 Mil) to Dec. 2023 ($4.91 Mil).

Neo-Concept International Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Neo-Concept International Group 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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Neo-Concept International Group Holdings Accounts Payable & Accrued Expense Chart

Neo-Concept International Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

10.12

11.26

2.26

4.91

Neo-Concept International Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			11.26	13.95	2.26	5.34	4.91

Neo-Concept International Group 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.

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Neo-Concept International Group Holdings Ltd (NAS:NCI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th floor, Seaview Centre, No.139-141 Hoi Bun Road, Kwun Tong, Kowloon, HKG

Website

https://www.neo-ig.com

Neo-Concept International Group Holdings Ltd is a company whose a one-stop apparel solution services provider. They offer a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European, and North American markets through Neo-Concept HK.

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Headlines

From GuruFocus

Neo-Concept International Group Holdings Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq

By Marketwired • 04-23-2024