STO Express Co (SZSE:002468) Accounts Payable & Accrued Expense : ¥4,053 Mil (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is STO Express Co Accounts Payable & Accrued Expense?

STO Express Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥4,288 Mil) to Dec. 2023 (¥4,713 Mil) but then declined from Dec. 2023 (¥4,713 Mil) to Mar. 2024 (¥4,053 Mil).

STO Express Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,200 Mil) to Dec. 2022 (¥4,205 Mil) and increased from Dec. 2022 (¥4,205 Mil) to Dec. 2023 (¥4,713 Mil).

STO Express Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for STO Express 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.

* Premium members only.

STO Express Co Accounts Payable & Accrued Expense Chart

STO Express Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

2,824.17

3,080.75

3,199.66

4,205.11

4,713.01

STO Express 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															4,084.19	4,381.19	4,288.20	4,713.01	4,053.28

STO Express 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.

STO Express Co (SZSE:002468) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » STO Express Co Ltd (SZSE:002468) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 25, Lane 6598, Beiqing Road, Yibang International Office Building, Qingpu District, Shanghai, CHN, 201706

Website

http://www.sto.cn

STO Express is one of the "Tongdas", which refers to the top four national express delivery companies that adopt the network partner model. Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect the payments. STO was founded in 1993 by Nie Tengfei, who passed away in 1998. His ex-wife Chen Xiaoying's brother Chen Dejun is now the Chairman and General Manager, with a 28% stake, and Ms. Chen owned a 5% stake as of Dec. 31, 2022. STO's strategic shareholder is Cainiao Smart Logistics Network, with a 25% stake. Alibaba can exercise its share options to purchase 21% of STO before Dec. 27, 2025 at CNY 16.50 per share.

STO Express Co (SZSE:002468) Headlines

No Headlines