Youdao (Youdao) Accounts Payable & Accrued Expense : $158.2 Mil (As of Dec. 2023)

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What is Youdao Accounts Payable & Accrued Expense?

Youdao's quarterly accounts payable & accrued expense increased from Jun. 2023 ($161.2 Mil) to Sep. 2023 ($163.7 Mil) but then declined from Sep. 2023 ($163.7 Mil) to Dec. 2023 ($158.2 Mil).

Youdao's annual accounts payable & accrued expense increased from Dec. 2021 ($162.0 Mil) to Dec. 2022 ($171.8 Mil) but then declined from Dec. 2022 ($171.8 Mil) to Dec. 2023 ($158.2 Mil).

Youdao Accounts Payable & Accrued Expense Historical Data

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

Youdao Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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59.85

156.55

162.05

171.81

158.23

Youdao 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															171.81	150.75	161.22	163.69	158.23

Youdao 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.

Youdao (Youdao) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Youdao Inc (NYSE:DAO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 399, Wangshang Road, Binjiang District, Hangzhou, CHN, 310051

Website

https://www.youdao.com

Youdao Inc develops and markets software applications. It engages in developing technologies to provide learning content, applications, and solutions. The firm operates in three segments: Learning services, Smart devices, and Online marketing services. The majority of its revenue comes from the Learning services segment, which generates revenues from online courses, mainly including Youdao Premium Courses, NetEase Cloud Classroom, and China University MOOC. The learning products segment includes sales of smart devices such as the Youdao Dictionary Pen and Youdao Pocket Translator.