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TSYHF (TravelSky Technology) Accounts Payable & Accrued Expense : $777 Mil (As of Jun. 2024)


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What is TravelSky Technology Accounts Payable & Accrued Expense?

TravelSky Technology's quarterly accounts payable & accrued expense declined from Jun. 2023 ($796 Mil) to Dec. 2023 ($622 Mil) but then increased from Dec. 2023 ($622 Mil) to Jun. 2024 ($777 Mil).

TravelSky Technology's annual accounts payable & accrued expense declined from Dec. 2021 ($642 Mil) to Dec. 2022 ($639 Mil) and declined from Dec. 2022 ($639 Mil) to Dec. 2023 ($622 Mil).


TravelSky Technology Accounts Payable & Accrued Expense Historical Data

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

TravelSky Technology 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 560.83 554.62 642.40 638.89 622.14

TravelSky Technology Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 628.24 638.89 795.74 622.14 776.81

TravelSky Technology 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.


TravelSky Technology Business Description

Industry
Traded in Other Exchanges
Address
TravelSky High-Tech Industrial Park, Houshayu Town, Shunyi District, Beijing, CHN, 101318
TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue.

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