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

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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						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

GURUFOCUS.COM » STOCK LIST » Technology » Software » Santech Holdings Ltd (NAS:STEC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

8 Yincheng Mid. Road, F3, Hywin Financial Centre, Pudong New District, Shanghai, CHN, 200120

Website

https://ir.santechholdings.com/corporate

Santech Holdings Ltd is a customer based technology company. The company is engaged in exploring new opportunities in technology that includes new retail, social e-commerce, metaverse and others.