Hithink RoyalFlush Information Network Co (SZSE:300033) Accounts Payable & Accrued Expense : ¥1,107 Mil (As of Mar. 2024)

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What is Hithink RoyalFlush Information Network Co Accounts Payable & Accrued Expense?

Hithink RoyalFlush Information Network Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥678 Mil) to Dec. 2023 (¥1,313 Mil) but then declined from Dec. 2023 (¥1,313 Mil) to Mar. 2024 (¥1,107 Mil).

Hithink RoyalFlush Information Network Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥911 Mil) to Dec. 2022 (¥699 Mil) but then increased from Dec. 2022 (¥699 Mil) to Dec. 2023 (¥1,313 Mil).

Hithink RoyalFlush Information Network Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hithink RoyalFlush Information Network 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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Hithink RoyalFlush Information Network Co Accounts Payable & Accrued Expense Chart

Hithink RoyalFlush Information Network Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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405.60

841.98

910.98

698.85

1,313.14

Hithink RoyalFlush Information Network 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															870.77	1,144.63	677.73	1,313.14	1,107.20

Hithink RoyalFlush Information Network 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.

Hithink RoyalFlush Information Network Co (SZSE:300033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hithink RoyalFlush Information Network Co Ltd (SZSE:300033) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 18, Tongshun Street, Yuhang District, Hangzhou, Zhejiang, CHN, 310023

Website

http://www.10jqka.com.cn

Hithink RoyalFlush Information Network Co Ltd is engaged in providing Internet financial information service and online financial softwares. The company business includes an online market trading system, mobile financial information service, fund sales, financial big data processing and cloud services. It serves individuals, brokers, funds, private placements, banks, insurance, government, and research Institutional clients.

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