AsiaInfo Technologies (HKSE:01675) Accounts Payable & Accrued Expense : HK$2,229 Mil (As of Dec. 2023)

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What is AsiaInfo Technologies Accounts Payable & Accrued Expense?

AsiaInfo Technologies's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$1,131 Mil) to Jun. 2023 (HK$2,746 Mil) but then declined from Jun. 2023 (HK$2,746 Mil) to Dec. 2023 (HK$2,229 Mil).

AsiaInfo Technologies's annual accounts payable & accrued expense increased from Dec. 2021 (HK$876 Mil) to Dec. 2022 (HK$1,131 Mil) and increased from Dec. 2022 (HK$1,131 Mil) to Dec. 2023 (HK$2,229 Mil).

AsiaInfo Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for AsiaInfo Technologies'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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AsiaInfo Technologies Accounts Payable & Accrued Expense Chart

AsiaInfo Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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745.24

589.72

875.98

1,131.46

2,228.62

AsiaInfo Technologies Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											875.98	3,083.81	1,131.46	2,746.06	2,228.62

AsiaInfo Technologies 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.

AsiaInfo Technologies (HKSE:01675) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AsiaInfo Technologies Ltd (HKSE:01675) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

51N:Germany

Address

Northwest Wang East Road, No.10 East, Yaxin Building, East District, Zhongguancun Software Park Phase II, Hai Dian District, Beijing, CHN, 100193

Website

https://www.asiainfo.com

AsiaInfo Technologies Ltd is a provider of telecom software products and related service. The company's product portfolio currently consists of CRM, charging & billing, and big data products to IoT and intelligent network products. Its software products are deployed using an on-premises, project-based delivery model, and are accompanied by end-to-end, professional deployment services. It operates in two segments: Software business segment that comprises software products and related services; data-driven operation services; and others, including sale of third-party hardware and software, system integration services, business consulting services and corporate trainings. The Network security business segment engages in the provision of network security-related software products and services.

Executives

Ccp Ii Gp Ltd.	2201 Interest of corporation controlled by you
Bei Jing Ya Xin Xin Xing Zhe Zi Xun You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Asiainfo Security Technologies Company Limited	2101 Beneficial owner
Zhang Yichen	2201 Interest of corporation controlled by you
Trustar Capital Holdings Limited	2201 Interest of corporation controlled by you
Tian Suning	2201 Interest of corporation controlled by you
Skipper Investment Limited	2101 Beneficial owner
Cp Management Holdings Limited	2201 Interest of corporation controlled by you
Ccp Ltd.	2201 Interest of corporation controlled by you
Citic Capital China Partners Ii, L.p.	2201 Interest of corporation controlled by you
Citic Capital Holdings Limited	2201 Interest of corporation controlled by you
Power Joy (cayman) Limited	2201 Interest of corporation controlled by you
The Core Trust Company Limited	2501 Other
Noble (nominees) Limited	2302 Custodian
Sino Venture Capital 1 Vcc	2201 Interest of corporation controlled by you

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