Meituan (HKSE:03690) Accounts Payable & Accrued Expense : HK$75,027 Mil (As of Dec. 2024)

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What is Meituan Accounts Payable & Accrued Expense?

Meituan's quarterly accounts payable & accrued expense increased from Jun. 2024 (HK$69,507 Mil) to Sep. 2024 (HK$71,526 Mil) and increased from Sep. 2024 (HK$71,526 Mil) to Dec. 2024 (HK$75,027 Mil).

Meituan's annual accounts payable & accrued expense increased from Dec. 2022 (HK$50,548 Mil) to Dec. 2023 (HK$69,481 Mil) and increased from Dec. 2023 (HK$69,481 Mil) to Dec. 2024 (HK$75,027 Mil).

Meituan Accounts Payable & Accrued Expense Historical Data

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

Meituan Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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39,856.22

52,980.30

50,547.57

69,481.16

75,026.90

Meituan Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															69,481.16	65,483.73	69,507.01	71,525.99	75,026.90

Meituan 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.

Meituan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meituan (HKSE:03690) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MPNGY:USA MPNGF:USA 9MD:Germany 9MD:Bulgaria

Address

No. 4 Wang Jing East Road, Block B and C, Hengjiweiye Building, Chaoyang District, Beijing, CHN, 100102

Website

https://about.meituan.com

Meituan is the largest food delivery platform in China, with a 60%-70% share of the market in 2024, according to Morningstar estimates. In the third quarter of 2024, the firm generated 74% of its revenue from the core local commerce segment, which includes on-demand food delivery and retail, in-store services (such as visiting beauty and entertainment stores after purchasing deals on Meituan), as well as hotel and travel booking. The remaining 26% of revenue came from the new initiatives segment, such as from the community group purchase business Meituan Select and the overseas food delivery business.

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