Ninebot (SHSE:689009) Accounts Payable & Accrued Expense : ¥4,744 Mil (As of Mar. 2024)

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What is Ninebot Accounts Payable & Accrued Expense?

Ninebot's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥4,706 Mil) to Dec. 2023 (¥4,526 Mil) but then increased from Dec. 2023 (¥4,526 Mil) to Mar. 2024 (¥4,744 Mil).

Ninebot's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,471 Mil) to Dec. 2022 (¥3,632 Mil) and increased from Dec. 2022 (¥3,632 Mil) to Dec. 2023 (¥4,526 Mil).

Ninebot Accounts Payable & Accrued Expense Historical Data

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

Ninebot Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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837.94

2,079.84

2,470.84

3,632.31

4,525.73

Ninebot 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															3,486.23	3,862.46	4,706.44	4,525.73	4,743.70

Ninebot 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.

Ninebot (SHSE:689009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ninebot Ltd (SHSE:689009) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

66 Xixiaokou Road, Zhongguancun Dongsheng Science and Technology Park, Building A, Haidian District, Beijing, CHN, 100192

Website

https://www.ninebot.com

Ninebot Ltd is engaged in the research and development, design, manufacturing, distribution and sales of short-distance transportation products. The products offered by the company include electric balance bikes and electric scooters for short distance commuting.

Executives

Zhao Xin	senior management
Liu Miao	senior management
Fan Xiao Jin	senior management
Zhang Zhen Yuan	Senior management, core technical personnel
Huang Chen	senior management
Chen Zi Chong	Core technical personnel

Ninebot (SHSE:689009) Headlines

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