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Weibo Accounts Payable & Accrued Expense

: $1,109 Mil (As of Dec. 2021)
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Weibo's quarterly accounts payable & accrued expense increased from Jun. 2021 ($891 Mil) to Sep. 2021 ($1,030 Mil) and increased from Sep. 2021 ($1,030 Mil) to Dec. 2021 ($1,109 Mil).

Weibo's annual accounts payable & accrued expense increased from Dec. 2019 ($652 Mil) to Dec. 2020 ($763 Mil) and increased from Dec. 2020 ($763 Mil) to Dec. 2021 ($1,109 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.

* Premium members only.

Weibo Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Payable & Accrued Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 378.29 499.22 652.45 763.36 1,109.43

Weibo Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Accounts Payable & Accrued Expense 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 Premium Member Only Premium Member Only Premium Member Only 763.36 907.93 891.14 1,029.81 1,109.43

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 Business Description

Weibo logo
Industry
Address
No. 8 Xinyuan S. Road, 8th Floor, QIHAO Plaza, Chaoyang District, Beijing, CHN, 100027
Weibo is the largest social media platform in China. As of 2020, Weibo had 521 million monthly active users and 225 million daily active users, many of whom are drawn there by the millions of key opinion leaders in entertainment, sports, and business circles. Sina is the major shareholder, holding 44.7% of shares and with 70.8% voting power; Alibaba holds 29.8% of shares and 15.7% voting power.

Weibo Headlines

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