OneConnect Financial Technology Co (OneConnect Financial Technology Co) Current Accrued Expense : $61.2 Mil (As of Dec. 2023)

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What is OneConnect Financial Technology Co Current Accrued Expense?

OneConnect Financial Technology Co's Current Accrued Expense for the quarter that ended in Dec. 2023 was $61.2 Mil.

OneConnect Financial Technology Co's quarterly Current Accrued Expense declined from Jun. 2023 ($68.9 Mil) to Sep. 2023 ($0.0 Mil) but then increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($61.2 Mil).

OneConnect Financial Technology Co's annual Current Accrued Expense increased from Dec. 2021 ($32.9 Mil) to Dec. 2022 ($74.0 Mil) but then declined from Dec. 2022 ($74.0 Mil) to Dec. 2023 ($61.2 Mil).

OneConnect Financial Technology Co Current Accrued Expense Historical Data

The historical data trend for OneConnect Financial Technology Co's Current 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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OneConnect Financial Technology Co Current Accrued Expense Chart

OneConnect Financial Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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31.94

24.33

32.92

74.05

61.18

OneConnect Financial Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Accrued Expense	Get a 7-Day Free Trial															74.05	-	68.90	-	61.18

OneConnect Financial Technology Co Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

OneConnect Financial Technology Co Current Accrued Expense Related Terms

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OneConnect Financial Technology Co (OneConnect Financial Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneConnect Financial Technology Co Ltd (NYSE:OCFT) » Definitions » Current Accrued Expense

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Traded in Other Exchanges

06638:Hong Kong

Address

No.1 Tairan 7th Road, 10-14th Floor, Block A, Platinum Towers, Futian District, Shenzhen, CHN

Website

https://www.ocft.com

OneConnect Financial Technology Co Ltd is a provider of technology platforms. Its platform provides cloud-native technology solutions that integrate financial services with market technology. The company offers technology applications and technology-enabled business services to financial institutions in China. Its technology solutions cover multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses from sales and marketing and risk management to customer services and operations, as well as technology infrastructures such as data management and cloud services. The firm operates in two segments namely Technology Solutions which is the key revenue driver and Virtual Bank Business.