GDS Holdings (HKSE:09698) Accounts Payable : HK$3,654 Mil (As of Mar. 2024)

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What is GDS Holdings Accounts Payable?

GDS Holdings's Accounts Payable for the quarter that ended in Mar. 2024 was HK$3,654 Mil.

GDS Holdings's quarterly Accounts Payable increased from Sep. 2023 (HK$3,134 Mil) to Dec. 2023 (HK$3,746 Mil) but then declined from Dec. 2023 (HK$3,746 Mil) to Mar. 2024 (HK$3,654 Mil).

GDS Holdings's annual Accounts Payable declined from Dec. 2021 (HK$4,778 Mil) to Dec. 2022 (HK$3,454 Mil) but then increased from Dec. 2022 (HK$3,454 Mil) to Dec. 2023 (HK$3,746 Mil).

GDS Holdings Accounts Payable Historical Data

The historical data trend for GDS Holdings's Accounts Payable 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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GDS Holdings Accounts Payable Chart

GDS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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1,864.93

4,335.26

4,777.63

3,453.87

3,746.12

GDS Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable	Get a 7-Day Free Trial															3,007.76	3,244.70	3,134.32	3,746.12	3,653.62

GDS Holdings Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

GDS Holdings Accounts Payable Related Terms

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GDS Holdings (HKSE:09698) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GDS Holdings Ltd (HKSE:09698) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

GDS:USA GDS:Mexico G40:Germany G1DS34:Brazil

Address

No. 999 Zhouhai Road, F4/F5, Building C, Sunland International, Pudong, Shanghai, CHN, 200137

Website

https://www.gds-services.com

GDS Holdings started as an IT service provider in 2001 then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. It has aggressively raised capital over the past four years for expansion. Its data centers are located predominantly in and around the Tier 1 cities in China and it has also started an expanding into Southeast Asia. GDS listed on the NASDAQ in 2016 and completed a secondary listing in Hong Kong in 2020.

Executives

Canada Pension Plan Investment Board	2101 Beneficial owner
Citigroup Inc.	2502 Approved lending agent

GDS Holdings (HKSE:09698) Headlines

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