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BEST (BEST) Accounts Payable & Accrued Expense : $364 Mil (As of Sep. 2023)


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What is BEST Accounts Payable & Accrued Expense?

BEST's quarterly accounts payable & accrued expense declined from Mar. 2023 ($377 Mil) to Jun. 2023 ($362 Mil) but then increased from Jun. 2023 ($362 Mil) to Sep. 2023 ($364 Mil).

BEST's annual accounts payable & accrued expense increased from Dec. 2020 ($380 Mil) to Dec. 2021 ($388 Mil) but then declined from Dec. 2021 ($388 Mil) to Dec. 2022 ($319 Mil).

BEST Accounts Payable & Accrued Expense Historical Data

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

BEST Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 664.79 691.27 380.49 387.83 319.37

BEST Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 383.32 319.37 377.28 361.62 363.51

BEST 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.

BEST (BEST) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
No. 18 Tangmiao Road, 2nd Floor, Block A, Huaxing Modern Industry Park, Xihu District, Zhejiang Province, Hangzhou, CHN, 310013
Website
https://ir.best-inc.com
BEST Inc is a supply chain company. It provides a New Retail platform that offers technology-enabled integrated solutions such as supply chain management, express delivery, freight, merchandise sourcing, cross-border supply chain, last-mile, financial and value-added services. The Group operates in the following operating segments, Supply chain management services, Freight, Global and Others. The Others category principally relates to cross-border logistic coordination services. The majority of revenue generated from Freight segment.