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Tencent Holdings (Tencent Holdings) Accounts Payable & Accrued Expense : $27,746 Mil (As of Sep. 2023)


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What is Tencent Holdings Accounts Payable & Accrued Expense?

Tencent Holdings's quarterly accounts payable & accrued expense declined from Mar. 2023 ($25,712 Mil) to Jun. 2023 ($20,673 Mil) but then increased from Jun. 2023 ($20,673 Mil) to Sep. 2023 ($27,746 Mil).

Tencent Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($38,623 Mil) to Dec. 2022 ($37,535 Mil) and declined from Dec. 2022 ($37,535 Mil) to Dec. 2023 ($17,608 Mil).


Tencent Holdings Accounts Payable & Accrued Expense Historical Data

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

Tencent Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,667.01 19,203.43 38,623.24 37,535.03 17,607.91

Tencent 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37,535.03 25,712.03 20,672.91 27,745.65 17,607.91

Tencent 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.


Tencent Holdings (Tencent Holdings) Business Description

Address
No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054
Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.