Kingsoft Cloud Holdings (BSP:K2CG34) Accounts Payable & Accrued Expense : R$3,870 Mil (As of Dec. 2023)

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What is Kingsoft Cloud Holdings Accounts Payable & Accrued Expense?

Kingsoft Cloud Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 (R$3,851 Mil) to Sep. 2023 (R$3,132 Mil) but then increased from Sep. 2023 (R$3,132 Mil) to Dec. 2023 (R$3,870 Mil).

Kingsoft Cloud Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (R$4,972 Mil) to Dec. 2022 (R$3,826 Mil) but then increased from Dec. 2022 (R$3,826 Mil) to Dec. 2023 (R$3,870 Mil).

Kingsoft Cloud Holdings Accounts Payable & Accrued Expense Historical Data

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

Kingsoft Cloud Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,293.34

2,195.48

4,971.66

3,825.68

3,869.66

Kingsoft Cloud 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															3,825.68	4,038.28	3,851.05	3,131.55	3,869.66

Kingsoft Cloud 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.

Kingsoft Cloud Holdings (BSP:K2CG34) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Kingsoft Cloud Holdings Ltd (BSP:K2CG34) » Definitions » Accounts Payable & Accrued Expense

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KC:USA 03896:Hong Kong KS7:Germany

Address

No. 33 Xierqi Middle Road, Building D, Xiaomi Science and Technology Park, Haidian District, Beijing, CHN, 100085

Website

https://www.ksyun.com

Kingsoft Cloud Holdings Ltd is an independent cloud service provider in China. The company has built a cloud platform consisting of cloud infrastructure, cloud products and industry-specific solutions across public cloud, enterprise cloud, and IoT cloud services. Its products and services are categorized in compute, networking, storage and delivery, database, data analysis, security, video services, and developer services. Geographically, the firm operates in China.

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