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UK (Ucommune International) Accounts Payable & Accrued Expense : $6.05 Mil (As of Dec. 2024)


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What is Ucommune International Accounts Payable & Accrued Expense?

Ucommune International's quarterly accounts payable & accrued expense increased from Dec. 2023 ($28.03 Mil) to Jun. 2024 ($34.13 Mil) but then declined from Jun. 2024 ($34.13 Mil) to Dec. 2024 ($6.05 Mil).

Ucommune International's annual accounts payable & accrued expense declined from Dec. 2022 ($65.49 Mil) to Dec. 2023 ($28.03 Mil) and declined from Dec. 2023 ($28.03 Mil) to Dec. 2024 ($6.05 Mil).


Ucommune International Accounts Payable & Accrued Expense Historical Data

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

Ucommune International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 75.53 73.58 65.49 28.03 6.05

Ucommune International Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 65.49 51.30 28.03 34.13 6.05

Ucommune International 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.


Ucommune International Business Description

Industry
Traded in Other Exchanges
N/A
Address
Guang Hua Road, No. 2, Tower D, Floor B1, Chaoyang District, Beijing, CHN, 100026
Ucommune International Ltd is a flexible office space provider and manager based in the People's Republic of China (PRC). The company offers long-term leasing, on-demand, and short-term leasing solutions to freelancers, start-up entrepreneurs, small and medium enterprises, and corporations. Company provide fully-serviced and well-furnished office spaces on a flexible basis. The members of the Ucommune community, which includes individuals and enterprises registered on the U bazaar mobile app, can avail of these services. The company has three operating segments: Workspace membership, Marketing and branding services, and Other services. Marketing and branding services generate the majority of the company's revenue.