Sea (SE) Accounts Payable & Accrued Expense : $6,371 Mil (As of Dec. 2023)

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What is Sea Accounts Payable & Accrued Expense?

Sea's quarterly accounts payable & accrued expense increased from Jun. 2023 ($4,941 Mil) to Sep. 2023 ($5,458 Mil) and increased from Sep. 2023 ($5,458 Mil) to Dec. 2023 ($6,371 Mil).

Sea's annual accounts payable & accrued expense increased from Dec. 2021 ($4,244 Mil) to Dec. 2022 ($5,008 Mil) and increased from Dec. 2022 ($5,008 Mil) to Dec. 2023 ($6,371 Mil).

Sea Accounts Payable & Accrued Expense Historical Data

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

Sea Annual Data

Trend

Dec14

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Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,110.42

2,249.97

4,243.96

5,007.86

6,370.84

Sea Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,007.86	4,882.52	4,941.16	5,458.42	6,370.84

Sea 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.

Sea (SE) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SE:Mexico 0A3T:UK 931:Germany 931:Germany S2EA34:Brazil

Address

1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, SGP, 138522

Website

https://www.sea.com

Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value and number of transactions. Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce, which is now the main growth driver. Shopee is a hybrid C2C and B2C marketplace platform operating in eight core markets. Indonesia accounts for 35% of GMV, with the rest split mainly among Taiwan, Vietnam, Thailand, Malaysia, and the Philippines. For Garena, Free Fire was the most downloaded game in January 2022 and accounted for 74% of gaming revenue in 2021. Sea's third business, SeaMoney, provides mostly credit lending.