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YTO Express Group Co (SHSE:600233) Accounts Payable & Accrued Expense : ¥6,137 Mil (As of Mar. 2024)


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What is YTO Express Group Co Accounts Payable & Accrued Expense?

YTO Express Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥5,721 Mil) to Dec. 2023 (¥7,356 Mil) but then declined from Dec. 2023 (¥7,356 Mil) to Mar. 2024 (¥6,137 Mil).

YTO Express Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥5,658 Mil) to Dec. 2022 (¥5,509 Mil) but then increased from Dec. 2022 (¥5,509 Mil) to Dec. 2023 (¥7,356 Mil).


YTO Express Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for YTO Express Group Co'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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YTO Express Group Co Accounts Payable & Accrued Expense Chart

YTO Express Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,404.01 5,292.75 5,658.25 5,509.46 7,355.80

YTO Express Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,472.02 5,093.95 5,720.91 7,355.80 6,137.48

YTO Express Group Co 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.


YTO Express Group Co (SHSE:600233) Business Description

Traded in Other Exchanges
N/A
Address
Xu Highway 3029, Huaxin Town, Qingpu District, Shanghai, CHN, 201705
YTO Express is one of the Tongda Operators—the top four national express delivery companies that use the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to their network partners for fees, while their local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect customer payments. The company was founded by Yu Huijiao in 2020. Yu remains chair and president with a 33.22% stake as of Sept. 30, 2023. Yu and Zhang Xiao Juan, who owned 2.15% of YTO as of that date, are persons acting in concert. YTO's strategic shareholder is leading China e-commerce company Alibaba Group and its affiliated companies, with around a 20.65% interest as of Dec. 2, 2023.

YTO Express Group Co (SHSE:600233) Headlines

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