Fangdd Network Group (Fangdd Network Group) Accounts Payable & Accrued Expense

: $91.62 Mil (As of Jun. 2023)

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Fangdd Network Group's quarterly accounts payable & accrued expense declined from Jun. 2022 ($162.49 Mil) to Dec. 2022 ($121.24 Mil) and declined from Dec. 2022 ($121.24 Mil) to Jun. 2023 ($91.62 Mil).

Fangdd Network Group's annual accounts payable & accrued expense declined from Dec. 2020 ($317.84 Mil) to Dec. 2021 ($222.15 Mil) and declined from Dec. 2021 ($222.15 Mil) to Dec. 2022 ($121.24 Mil).

Fangdd Network Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fangdd Network Group'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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Fangdd Network Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

225.76

318.84

317.84

222.15

121.24

Fangdd Network Group Quarterly Data
	Dec16	Dec17	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense																250.05	222.15	162.49	121.24	91.62

Fangdd Network Group 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.

Fangdd Network Group (Fangdd Network Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fangdd Network Group Ltd (NAS:DUO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Keyuan Road, Technology Park, Room 602, Unit B4, Kexing Science Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.fangdd.com

Fangdd Network Group Ltd is an investment holding company. Through its subsidiaries, It is engaged in the provision of real estate information services through its online platform which also offers integrated marketing services for individual customers, real estate developers, and agents in China. Its SaaS-based solutions help real estate agents to connect with essential business resources, including customers, property listings, capital, and transaction data. The company generates the majority of its revenue from Base commission from transactions in China.