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WiMi Hologram Cloud (WiMi Hologram Cloud) Accounts Payable & Accrued Expense

: $12.27 Mil (As of Jun. 2023)
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WiMi Hologram Cloud's quarterly accounts payable & accrued expense declined from Jun. 2022 ($7.93 Mil) to Dec. 2022 ($7.75 Mil) but then increased from Dec. 2022 ($7.75 Mil) to Jun. 2023 ($12.27 Mil).

WiMi Hologram Cloud's annual accounts payable & accrued expense increased from Dec. 2020 ($6.72 Mil) to Dec. 2021 ($7.54 Mil) and increased from Dec. 2021 ($7.54 Mil) to Dec. 2022 ($7.75 Mil).


WiMi Hologram Cloud Accounts Payable & Accrued Expense Historical Data

The historical data trend for WiMi Hologram Cloud'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.

WiMi Hologram Cloud Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Premium Member Only 6.57 7.22 6.72 7.54 7.75

WiMi Hologram Cloud Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 7.54 7.93 7.75 12.27

WiMi Hologram Cloud 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.


WiMi Hologram Cloud (WiMi Hologram Cloud) Business Description

Traded in Other Exchanges
Address
1st West Dawang Road, Room No.2002, Building A, Wentley Center, Chaoyang, Beijing, CHN, 100020
WiMi Hologram Cloud Inc and its subsidiaries offer augmented reality (AR) based holographic services and products to cater to its customers. Its AR service and product offerings primarily consist of holographic AR advertising services and holographic AR entertainment products. It is also into the semiconductor business, in which the company provides central processing algorithm services and computer chip products to enterprise customers and the sales of comprehensive solutions for central processing algorithms and related services with software and hardware integration. The company reports in three segments: AR advertising, AR entertainment, and Semiconductor. Its geographical segments are Mainland China, Hong Kong, and International.