CAR (HKSE:00699) Accounts Payable & Accrued Expense : HK$810 Mil (As of Dec. 2020)

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What is CAR Accounts Payable & Accrued Expense?

CAR's quarterly accounts payable & accrued expense declined from Dec. 2019 (HK$884 Mil) to Jun. 2020 (HK$745 Mil) but then increased from Jun. 2020 (HK$745 Mil) to Dec. 2020 (HK$810 Mil).

CAR's annual accounts payable & accrued expense declined from Dec. 2018 (HK$905 Mil) to Dec. 2019 (HK$884 Mil) and declined from Dec. 2019 (HK$884 Mil) to Dec. 2020 (HK$810 Mil).

CAR Accounts Payable & Accrued Expense Historical Data

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

CAR Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

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768.08

903.62

904.88

883.72

810.31

CAR Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										904.88	1,712.92	883.72	744.61	810.31

CAR 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.

CAR (HKSE:00699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CAR Inc (HKSE:00699) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 2A Zhonghuan South Road, 3rd Floor, Block B, Lead International, Wangjing, Chaoyang District, Beijing, CHN, 100102

Website

https://www.zuche.com

CAR Inc is engaged in providing car rental services. Its businesses include the provision of long-term and short-term car rental services, finance lease and the sales of used rental vehicles, among others. The company is engaged in vehicle parking management, processing and manufacture of auto parts, the provision of auto repair services, as well as the provision of information technology (IT) services. It also offers other services including accident coverage packages, GPS ( Global Positioning System) navigation systems, 24/7 roadside assistance, and others.

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