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DADA (Dada Nexus) Accounts Payable : $1 Mil (As of Sep. 2024)


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What is Dada Nexus Accounts Payable?

Dada Nexus's Accounts Payable for the quarter that ended in Sep. 2024 was $1 Mil.

Dada Nexus's quarterly Accounts Payable increased from Mar. 2024 ($1 Mil) to Jun. 2024 ($2 Mil) but then declined from Jun. 2024 ($2 Mil) to Sep. 2024 ($1 Mil).

Dada Nexus's annual Accounts Payable declined from Dec. 2021 ($2 Mil) to Dec. 2022 ($1 Mil) and declined from Dec. 2022 ($1 Mil) to Dec. 2023 ($1 Mil).

Dada Nexus Accounts Payable Historical Data

The historical data trend for Dada Nexus's Accounts Payable 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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Dada Nexus Accounts Payable Chart

Dada Nexus Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable
Get a 7-Day Free Trial 1.42 2.12 1.54 1.40 0.70

Dada Nexus Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable 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 0.75 0.70 1.21 1.59 1.36

Dada Nexus Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Dada Nexus Accounts Payable Related Terms

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Dada Nexus Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dada Nexus Ltd (NAS:DADA) » Definitions » Accounts Payable
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Traded in Other Exchanges
D0A:Germany
Address
No.1088 Yangshupu Road, 22nd Floor, Oriental Fisherman’s Wharf, Yangpu District, Shanghai, CHN, 200082
Website
https://ir.imdada.cn
Dada Nexus is a leading crowdsourced delivery service in China. The company has two core businesses, Dada Now, which is an on-demand delivery platform that provides last-mile and intracity services; and JD Daojia, or JDDJ, which is an online on-demand retail platform that connects consumers to merchants with its delivery capabilities. As of 2022, Dada Now accounted for 34% of revenue while JDDJ accounted for the rest. JDDJ and Dada Nexus merged in 2016, where JD.com received 47.4% ownership of the merged entity in exchange for its JDDJ business. As of June 2023, JD.com and Walmart Inc own 53.9% and 9.3% of Dada Nexus, respectively. Dada Nexus competes with other logistics companies such as SF Intra-City, with Didi in its delivery business, and with Meituan in its on-demand retail segment.