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STEC (Santech Holdings) Accounts Payable & Accrued Expense : $91.7 Mil (As of Dec. 2023)


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What is Santech Holdings Accounts Payable & Accrued Expense?

Santech Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 ($111.6 Mil) to Jun. 2023 ($110.4 Mil) and declined from Jun. 2023 ($110.4 Mil) to Dec. 2023 ($91.7 Mil).

Santech Holdings's annual accounts payable & accrued expense increased from Jun. 2021 ($83.6 Mil) to Jun. 2022 ($94.5 Mil) and increased from Jun. 2022 ($94.5 Mil) to Jun. 2023 ($110.4 Mil).


Santech Holdings Accounts Payable & Accrued Expense Historical Data

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

Santech Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 39.95 57.71 83.58 94.55 110.44

Santech Holdings Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 104.98 94.55 111.64 110.44 91.75

Santech 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.


Santech Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
8 Yincheng Mid. Road, F3, Hywin Financial Centre, Pudong New District, Shanghai, CHN, 200120
Hywin Holdings Ltd is a wealth management service provider in China. It primarily provide wealth management services, insurance brokerage services, asset management services and other services to clients.