Weimob (HKSE:02013) Accounts Payable & Accrued Expense : HK$882 Mil (As of Dec. 2023)

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What is Weimob Accounts Payable & Accrued Expense?

Weimob's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$973 Mil) to Jun. 2023 (HK$963 Mil) and declined from Jun. 2023 (HK$963 Mil) to Dec. 2023 (HK$882 Mil).

Weimob's annual accounts payable & accrued expense declined from Dec. 2021 (HK$1,414 Mil) to Dec. 2022 (HK$973 Mil) and declined from Dec. 2022 (HK$973 Mil) to Dec. 2023 (HK$882 Mil).

Weimob Accounts Payable & Accrued Expense Historical Data

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

Weimob Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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465.33

1,149.04

1,414.10

972.55

881.65

Weimob 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											1,414.10	1,116.18	972.55	963.01	881.65

Weimob 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.

Weimob (HKSE:02013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Weimob Inc (HKSE:02013) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

36W:Germany

Address

258 Changjiang Road, Weimob Building, Baoshan District, Shanghai, CHN

Website

https://www.weimob.com

Weimob Inc is a provider of cloud business and marketing solutions for small and medium-sized enterprises in China. The company operates in three segments: Subscription solutions, Merchant solutions, and Digital media. It provides SaaS and other software in its Subscription Solutions segment for e-commerce, Retail, catering, hotel, local life, and other industries, enabling merchants to carry out private traffic management. The company helps merchants obtain public domain traffic and support them to achieve digital upgrade with full chain services and operations through its Merchant Solutions segment. Digital Media mainly comprises its advertisement placement services offered to certain merchants.

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Weimob (HKSE:02013) Headlines

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