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Weibo (FRA:2WB) Accounts Payable & Accrued Expense : €791 Mil (As of Dec. 2023)


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What is Weibo Accounts Payable & Accrued Expense?

Weibo's quarterly accounts payable & accrued expense declined from Jun. 2023 (€1,002 Mil) to Sep. 2023 (€785 Mil) but then increased from Sep. 2023 (€785 Mil) to Dec. 2023 (€791 Mil).

Weibo's annual accounts payable & accrued expense increased from Dec. 2021 (€982 Mil) to Dec. 2022 (€1,018 Mil) but then declined from Dec. 2022 (€1,018 Mil) to Dec. 2023 (€791 Mil).

Weibo Accounts Payable & Accrued Expense Historical Data

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

Weibo 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 587.21 627.48 981.84 1,017.71 790.68

Weibo 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 1,017.71 869.86 1,002.13 784.96 790.68

Weibo 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.

Weibo (FRA:2WB) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Weibo Corp (FRA:2WB) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
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Address
No. 8 Xinyuan S. Road, 8th Floor, QIHAO Plaza, Chaoyang District, Beijing, CHN, 100027
Website
http://ir.weibo.com
Weibo Corp is a China-based company mainly engaged in the social media advertising business for people to create, discover and distribute content. The Company's activities include Advertising and Marketing, which mainly provides a full range of advertising customization and marketing solutions. The Value-added Services mainly provide services such as membership services on social platforms, online games, live broadcasts, social e-commerce, and others. The Company's main product is the social platform Weibo.

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