Phoenix Tree Holdings (Phoenix Tree Holdings) Accounts Payable & Accrued Expense : $316.3 Mil (As of Mar. 2020)

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What is Phoenix Tree Holdings Accounts Payable & Accrued Expense?

Phoenix Tree Holdings's quarterly accounts payable & accrued expense increased from Sep. 2019 ($194.4 Mil) to Dec. 2019 ($234.6 Mil) and increased from Dec. 2019 ($234.6 Mil) to Mar. 2020 ($316.3 Mil).

Phoenix Tree Holdings's annual accounts payable & accrued expense increased from Dec. 2017 ($28.6 Mil) to Dec. 2018 ($154.0 Mil) and increased from Dec. 2018 ($154.0 Mil) to Dec. 2019 ($234.6 Mil).

Phoenix Tree Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Phoenix Tree Holdings'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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Phoenix Tree Holdings Accounts Payable & Accrued Expense Chart

Phoenix Tree Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Accounts Payable & Accrued Expense

28.61

154.04

234.56

Phoenix Tree Holdings Quarterly Data
	Dec17	Dec18	Mar19	Sep19	Dec19	Mar20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			154.04	-	194.38	234.56	316.29

Phoenix Tree Holdings 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.

Phoenix Tree Holdings (Phoenix Tree Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Phoenix Tree Holdings Ltd (NYSE:DNK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Chao Yang Men Nei Street, Room 212, Chao Yang Shou Fu, Dongcheng District, Beijing, CHN

Website

https://www.danke.com

Phoenix Tree Holdings Ltd is engaged in redefining the residential rental market through technology. It provides a solution to both property owners and renters in the residential rental market through its new rental business model. It centrally operate the apartments sourced from property owners and rent them out to residents. It standardizes the design, renovation, and furnishing of apartment units, and provides high-quality, reliable one-stop services. The company has no physical storefronts and operates the entire business process by technology to enable seamless online experience for both property owners and residents. It operates two branded products, Danke Apartment and Dream Apartment.