Kingsoft (HKSE:03888) Accounts Payable & Accrued Expense : HK$2,304 Mil (As of Dec. 2023)

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What is Kingsoft Accounts Payable & Accrued Expense?

Kingsoft's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$3,462 Mil) to Sep. 2023 (HK$2,109 Mil) but then increased from Sep. 2023 (HK$2,109 Mil) to Dec. 2023 (HK$2,304 Mil).

Kingsoft's annual accounts payable & accrued expense declined from Dec. 2021 (HK$2,093 Mil) to Dec. 2022 (HK$1,946 Mil) but then increased from Dec. 2022 (HK$1,946 Mil) to Dec. 2023 (HK$2,304 Mil).

Kingsoft Accounts Payable & Accrued Expense Historical Data

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

Kingsoft Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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3,243.77

1,731.24

2,093.45

1,946.19

2,304.43

Kingsoft Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,946.19	2,042.26	3,462.44	2,109.18	2,304.43

Kingsoft 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.

Kingsoft (HKSE:03888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kingsoft Corp Ltd (HKSE:03888) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

3K1:Germany

Address

No. 33 Xierqi Middle Road, Xiaomi Campus, Building D, Haidian District, Beijing, CHN, 100085

Website

https://www.kingsoft.com

Kingsoft Corp Ltd is a Chinese software and Internet services company. The company's operating segment includes entertainment software and others and office software and services. It generates maximum revenue from the entertainment software and others segment. The entertainment software and others segment is engaged in the research and development of games, and the provision of online games, mobile games and casual game services. Geographically, it derives a majority of revenue from Mainland China.

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