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XD (XDNCF) Accounts Payable & Accrued Expense : $77.1 Mil (As of Dec. 2023)


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What is XD Accounts Payable & Accrued Expense?

XD's quarterly accounts payable & accrued expense declined from Dec. 2022 ($81.7 Mil) to Jun. 2023 ($63.4 Mil) but then increased from Jun. 2023 ($63.4 Mil) to Dec. 2023 ($77.1 Mil).

XD's annual accounts payable & accrued expense declined from Dec. 2021 ($92.6 Mil) to Dec. 2022 ($81.7 Mil) and declined from Dec. 2022 ($81.7 Mil) to Dec. 2023 ($77.1 Mil).

XD Accounts Payable & Accrued Expense Historical Data

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

XD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 60.28 73.90 92.59 81.75 77.10

XD Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 92.59 91.89 81.75 63.38 77.10

XD 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.

XD (XDNCF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » XD Inc (OTCPK:XDNCF) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
HKSE:00797 HKSE:09890 HKSE:00777 HKSE:01119 HKSE:02660 HKSE:00302 HKSE:00799 HKSE:06633 HKSE:03798 HKSE:06820 ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
02400:Hong Kong 3OE:Germany
Address
Wanrong Road, Unit A2, No. 700, Shanghai, CHN
Website
www.2400.hk
XD Inc is engaged in the development, operation, publishing, and distribution of mobile and web games and the provision of information services in China and overseas. It also operates TapTap, a game community and platform in China. It has two operating segments. The game segment, which is the key revenue driver, offers game publishing and operating services on its own and via other distribution channels. Revenues from this segment are derived from game publishing and operating services. The information service segment offers online marketing services to game developers, game publishers, or their agents. Revenues from this segment are derived from performance-based online marketing services.

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