Shanda Games (Shanda Games) Accounts Payable & Accrued Expense : $110.1 Mil (As of Dec. 2014)

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What is Shanda Games Accounts Payable & Accrued Expense?

Shanda Games's quarterly accounts payable & accrued expense declined from Dec. 2012 ($294.8 Mil) to Dec. 2013 ($141.5 Mil) and declined from Dec. 2013 ($141.5 Mil) to Dec. 2014 ($110.1 Mil).

Shanda Games's annual accounts payable & accrued expense declined from Dec. 2012 ($294.8 Mil) to Dec. 2013 ($141.5 Mil) and declined from Dec. 2013 ($141.5 Mil) to Dec. 2014 ($110.1 Mil).

Shanda Games Accounts Payable & Accrued Expense Historical Data

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

Shanda Games Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Accounts Payable & Accrued Expense

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276.57

450.48

294.83

141.49

110.06

Shanda Games Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			276.57	450.48	294.83	141.49	110.06

Shanda Games 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.

Shanda Games (Shanda Games) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Shanda Games Ltd (NAS:GAME) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

Website

http://www.shandagames.com

Shanda Games Ltd was incorporated in the Cayman Islands on June 12, 2008. The Company is an online game company in China in terms of the size, diversity of its game portfolio, game revenues and game player base. It completed its initial public offering on September 30, 2009. It develop and source a broad array of game content through multiple channels, including in-house development, licensing, investment, acquisition, joint development and joint operation. As of March 31, 2015, it operated 35 MMO games and 29 mobile games in China and certain overseas markets. The games operated by the Company are: Mir II, BNB, Woool, Legend of Immortals, Age of Wushu, among others. It competes with other online game developers and operators in China, including Tencent Holdings Limited, NetEase, Inc., Changyou.com Limited, Perfect World Co., Ltd., Giant Interactive, Kingsoft, KongZhong Corporation, NetDragon Websoft, Inc. and The9 Limited.