Tian Ge Interactive Holdings (HKSE:01980) Accounts Payable & Accrued Expense : HK$115.00 Mil (As of Dec. 2023)

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What is Tian Ge Interactive Holdings Accounts Payable & Accrued Expense?

Tian Ge Interactive Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$157.02 Mil) to Jun. 2023 (HK$109.89 Mil) but then increased from Jun. 2023 (HK$109.89 Mil) to Dec. 2023 (HK$115.00 Mil).

Tian Ge Interactive Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$133.95 Mil) to Dec. 2022 (HK$157.02 Mil) but then declined from Dec. 2022 (HK$157.02 Mil) to Dec. 2023 (HK$115.00 Mil).

Tian Ge Interactive Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tian Ge Interactive 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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Tian Ge Interactive Holdings Accounts Payable & Accrued Expense Chart

Tian Ge Interactive Holdings Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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171.60

182.30

133.95

157.02

115.00

Tian Ge Interactive Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															133.95	153.45	157.02	109.89	115.00

Tian Ge Interactive 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.

Tian Ge Interactive Holdings (HKSE:01980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tian Ge Interactive Holdings Ltd (HKSE:01980) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Intime City Tower E, 12-14th Floor, Gongshu District, Hangzhou, CHN

Website

http://www.tiange.com

Tian Ge Interactive Holdings Ltd is a Chinese investment holding company that engages in the online entertainment business. The company develops and operates real-time video technology so its users can socialize and interact through video chat and text. The company is also involved with creating mobile game platforms, O2O Entertainments, and has a health, personal, and beauty care business. The firm's segments include Online interactive entertainment services and Others. Online interactive entertainment services comprise the vast majority of the firm's overall revenue. It mainly operates its business in China.

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