Simei Media Co (SZSE:002712) Accounts Payable & Accrued Expense : ¥168 Mil (As of Mar. 2024)

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What is Simei Media Co Accounts Payable & Accrued Expense?

Simei Media Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥203 Mil) to Dec. 2023 (¥232 Mil) but then declined from Dec. 2023 (¥232 Mil) to Mar. 2024 (¥168 Mil).

Simei Media Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥345 Mil) to Dec. 2022 (¥248 Mil) and declined from Dec. 2022 (¥248 Mil) to Dec. 2023 (¥232 Mil).

Simei Media Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Simei Media 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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Simei Media Co Accounts Payable & Accrued Expense Chart

Simei Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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733.50

392.11

345.08

248.33

232.03

Simei Media 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															277.55	194.59	203.26	232.03	168.36

Simei Media 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.

Simei Media Co (SZSE:002712) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Simei Media Co Ltd (SZSE:002712) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 288, Tongxie Road, Block 8, CIFI Hongqiao International, Changning District, Shanghai, CHN

Website

http://www.simei.cc

Simei Media Co Ltd is a China based media company. It is engaged in media planning and agency services, and brand management services, outdoor advertising, digital marketing, content marketing and strategy research. The business divisions of the company are Simei Pictures, Simei Advertisement, Simei Technology, Simei Sports, Simei Innovation, and others. Through its subsidiaries, the company is also engaged in the field of digital media, online literature, tv production, content marketing and on-ground-events.

Executives

Yu Jun	Executives
Wang Xiu Juan	Supervisors
Chen Jing Bo	Executives
Pan Hai Qiang	Directors, Directors, and Executives
Zhou Dong	Securities Affairs Representative
Xu Xing Rong	Director
Zhang Guo Yun	Directors, executives
Huang Hao Ting	Directors, executives
Lv Shuang Yuan	Directors, executives

Simei Media Co (SZSE:002712) Headlines

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