Maoyan Entertainment (HKSE:01896) Accounts Payable & Accrued Expense : HK$3,398 Mil (As of Dec. 2023)

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What is Maoyan Entertainment Accounts Payable & Accrued Expense?

Maoyan Entertainment's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$1,753 Mil) to Jun. 2023 (HK$3,956 Mil) but then declined from Jun. 2023 (HK$3,956 Mil) to Dec. 2023 (HK$3,398 Mil).

Maoyan Entertainment's annual accounts payable & accrued expense declined from Dec. 2021 (HK$2,782 Mil) to Dec. 2022 (HK$1,753 Mil) but then increased from Dec. 2022 (HK$1,753 Mil) to Dec. 2023 (HK$3,398 Mil).

Maoyan Entertainment Accounts Payable & Accrued Expense Historical Data

The historical data trend for Maoyan Entertainment'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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Maoyan Entertainment Accounts Payable & Accrued Expense Chart

Maoyan Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,823.17

2,005.32

2,782.23

1,752.70

3,398.09

Maoyan Entertainment Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										2,782.23	2,301.00	1,752.70	3,956.48	3,398.09

Maoyan Entertainment 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.

Maoyan Entertainment (HKSE:01896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Maoyan Entertainment (HKSE:01896) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

9ME:Germany

Address

No. 11 Hepingli East Street, No. 3 Building, Yonghe Hangxing Garden, Dongcheng District, Beijing, CHN

Website

https://www.maoyan.com

Maoyan Entertainment is a China-based company which mainly operates an innovative Internet-empowered entertainment service platform. The company operates in three segments. The Online Entertainment Ticketing Services segment offers online ticketing services for comprehensive entertainment formats, such as movies and entertainment events. The Entertainment Content Services segment operates an integrated platform to provide entertainment content services, ranging from distribution, and promotion to production, for various entertainment formats including movies, TV series, variety shows, and entertainment events. The Advertising Services and Others segment serves advertisers in both the entertainment industry and other industries including automobile, electronics, and consumer products.

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