Qifu Technology (HKSE:03660) Accounts Payable & Accrued Expense : HK$17,189 Mil (As of Mar. 2024)

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What is Qifu Technology Accounts Payable & Accrued Expense?

Qifu Technology's quarterly accounts payable & accrued expense increased from Sep. 2023 (HK$14,942 Mil) to Dec. 2023 (HK$16,656 Mil) and increased from Dec. 2023 (HK$16,656 Mil) to Mar. 2024 (HK$17,189 Mil).

Qifu Technology's annual accounts payable & accrued expense increased from Dec. 2021 (HK$11,719 Mil) to Dec. 2022 (HK$15,000 Mil) and increased from Dec. 2022 (HK$15,000 Mil) to Dec. 2023 (HK$16,656 Mil).

Qifu Technology Accounts Payable & Accrued Expense Historical Data

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

Qifu Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11,027.87

8,115.07

11,718.86

15,000.03

16,656.10

Qifu Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13,520.26	14,391.93	14,941.56	16,656.10	17,189.44

Qifu Technology 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.

Qifu Technology (HKSE:03660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Qifu Technology Inc (HKSE:03660) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

QFIN:USA

Address

No. 1217 Dongfang Road, 7th Floor Lujiazui Finance Plaza, Pudong New Area, Shanghai, CHN, 200122

Website

https://www.qifu.tech

Qifu Technology Inc is a Credit-Tech platform in China. It provides credit services more accessible and personalized to consumers and SMEs through Credit-Tech services to financial institutions, whereby it deploys its technology solutions to help financial institutions identify the diversified needs of consumers and SMEs, effectively access prospective borrowers that are creditworthy through multi-channels, enhance credit assessment on prospective borrowers, and manage credit risks and improve collection strategies and efficiency, among others.

Executives

Li Richard	2201 Interest of corporation controlled by you
Olp Capital Management Limited	2102 Investment manager
Rcwl Inc.	2201 Interest of corporation controlled by you
Shen Di Fan	2201 Interest of corporation controlled by you
Oceanlink Partners Fund, Lp	2101 Beneficial owner

Qifu Technology (HKSE:03660) Headlines

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