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X Financial (X Financial) Accounts Payable & Accrued Expense : $639.0 Mil (As of Mar. 2024)


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What is X Financial Accounts Payable & Accrued Expense?

X Financial's quarterly accounts payable & accrued expense increased from Sep. 2023 ($556.2 Mil) to Dec. 2023 ($683.4 Mil) but then declined from Dec. 2023 ($683.4 Mil) to Mar. 2024 ($639.0 Mil).

X Financial's annual accounts payable & accrued expense increased from Dec. 2021 ($395.5 Mil) to Dec. 2022 ($537.8 Mil) and increased from Dec. 2022 ($537.8 Mil) to Dec. 2023 ($683.4 Mil).

X Financial Accounts Payable & Accrued Expense Historical Data

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

X Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 523.61 588.56 395.51 537.77 683.38

X Financial 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 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 480.75 530.13 556.25 683.38 638.99

X Financial 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.

X Financial (X Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » X Financial (NYSE:XYF) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
OPRT CPSS PMTS YRD CFNB MFIN RM FOA LX SEZL V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
N/A
Address
No. 168, Haide Third Avenue, 7-8 Floors, Block A, Aerospace Science and Technology Plaza, Nanshan District, Shenzhen, CHN, 518067
Website
https://ir.xiaoyinggroup.com
X Financial is a Cayman Islands-based technology-driven personal finance company. Along with its subsidiaries, the firm provides diversified investment opportunities to investors in China through its wealth management platform, Xiaoying Wealth Management. Loan products offered by the company include Xiaoying Card Loan, Xiaoying Preferred Loan, and Xiaoying Housing Loan. The company generates revenue from loan facilitation service, post-origination service, and guarantee services provided.