Meitu (MEIUF) Accounts Payable & Accrued Expense : $111.5 Mil (As of Dec. 2023)

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What is Meitu Accounts Payable & Accrued Expense?

Meitu's quarterly accounts payable & accrued expense increased from Dec. 2022 ($114.3 Mil) to Jun. 2023 ($122.2 Mil) but then declined from Jun. 2023 ($122.2 Mil) to Dec. 2023 ($111.5 Mil).

Meitu's annual accounts payable & accrued expense declined from Dec. 2021 ($135.0 Mil) to Dec. 2022 ($114.3 Mil) and declined from Dec. 2022 ($114.3 Mil) to Dec. 2023 ($111.5 Mil).

Meitu Accounts Payable & Accrued Expense Historical Data

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

Meitu Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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90.16

108.73

135.00

114.30

111.47

Meitu Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	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															135.00	114.00	114.30	122.18	111.47

Meitu 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.

Meitu (MEIUF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meitu Inc (OTCPK:MEIUF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

01357:Hong Kong M5U:Germany M5U:Germany

Address

No. 2557 Binhai West Avenue, Meitu Tower, Building 2, Meifeng Innovation Valley, Tong’an District, Xiamen, Fujian, CHN

Website

https://www.meitu.com

Meitu Inc is an investment holding company. It is engaged in the provision of online advertising and other Internet value-added services by offering a portfolio of photo and community apps that enjoys popularity in the PRC and overseas and the smart hardware business involving the production of MeituEve: a commercial artificial intelligence skin analyser, MeituKey: a contact skin analyser, MeituSpa: an artificial intelligence cleansing brush and Meitu Genius: an artificial intelligence smart mirror. The company operates in one operating segment including internet business that consists of online advertising and internet value-added services.

Meitu (MEIUF) Headlines

From GuruFocus

Meitu Partners with British Museum to Launch Limited Edition Smartphone Aimed at Female Consumers

By PRNewswire PRNewswire • 05-07-2018