KE Holdings (HKSE:02423) Accounts Payable & Accrued Expense : HK$13,338 Mil (As of Dec. 2023)

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What is KE Holdings Accounts Payable & Accrued Expense?

KE Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$18,306 Mil) to Sep. 2023 (HK$17,849 Mil) and declined from Sep. 2023 (HK$17,849 Mil) to Dec. 2023 (HK$13,338 Mil).

KE Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$15,003 Mil) to Dec. 2022 (HK$12,996 Mil) but then increased from Dec. 2022 (HK$12,996 Mil) to Dec. 2023 (HK$13,338 Mil).

KE Holdings Accounts Payable & Accrued Expense Historical Data

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

KE Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12,742.92

18,430.83

15,002.51

12,996.02

13,338.37

KE Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															12,996.02	21,954.18	18,306.48	17,848.57	13,338.37

KE 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.

KE Holdings (HKSE:02423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KE Holdings Inc (HKSE:02423) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

BEKE:USA KE8:Germany

Address

No. 2 Chuangye Road, Oriental Electronic Technology Building, Haidian District, Beijing, CHN, 100086

Website

https://investors.ke.com

KE Holdings, or Beike, is a large residential real estate sales and rental brokerage company in China. Founded in 2001, the company operates through self-owned Lianjia stores in Beijing and Shanghai and connected third-party agencies including franchise brand Deyou in other cities, with commissions charged on existing home and new home transactions. Leveraging an online-offline hybrid model, Beike also attract clients through its namesake online marketplace. The company tapped into home renovation services by acquiring Shengdu Home Decoration in 2022. As at the end of 2022, Beike's cofounders collectively control the company, while Tencent and its affiliates share 8% of voting power.

Executives

The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.	2502 Approved lending agent
Peng Yongdong	2307 Founder of a discretionary trust who can infl
Shan Yigang	2307 Founder of a discretionary trust who can infl
Cantrust (far East) Limited	2301 Trustee
Grain Bud Holding Limited	2201 Interest of corporation controlled by you
Propitious Global Holdings Limited	2101 Beneficial owner
Zhu Yan	2501 Other
Ample Platinum Holdings Limited	2201 Interest of corporation controlled by you
Baihui Partners L.p.	2201 Interest of corporation controlled by you
Ark Trust (hong Kong) Limited	2201 Interest of corporation controlled by you
Data Bliss Limited	2201 Interest of corporation controlled by you
Sapient Rich Holdings Limited	2201 Interest of corporation controlled by you
Clover Rich Limited	2101 Beneficial owner
Trident Trust Company (hk) Limited	2201 Interest of corporation controlled by you

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