NetDragon Websoft (HKSE:00777) Accounts Payable & Accrued Expense : HK$1,748 Mil (As of Dec. 2023)

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What is NetDragon Websoft Accounts Payable & Accrued Expense?

NetDragon Websoft's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$1,801 Mil) to Jun. 2023 (HK$1,742 Mil) but then increased from Jun. 2023 (HK$1,742 Mil) to Dec. 2023 (HK$1,748 Mil).

NetDragon Websoft's annual accounts payable & accrued expense increased from Dec. 2021 (HK$1,310 Mil) to Dec. 2022 (HK$1,801 Mil) but then declined from Dec. 2022 (HK$1,801 Mil) to Dec. 2023 (HK$1,748 Mil).

NetDragon Websoft Accounts Payable & Accrued Expense Historical Data

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

NetDragon Websoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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739.68

896.96

1,310.18

1,801.26

1,747.86

NetDragon Websoft Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,310.18	1,989.12	1,801.26	1,742.39	1,747.86

NetDragon Websoft 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.

NetDragon Websoft (HKSE:00777) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetDragon Websoft Inc (HKSE:00777) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

3ND:Germany

Address

58 Wenquan Branch Road, 851 Building, Fuzhou, CHN

Website

http://www.nd.com.cn

NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.

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