KUKEY (Kuke Music Holding) Accounts Payable: $7.24 Mil (As of Dec. 2024)


What is Kuke Music Holding Accounts Payable?

Kuke Music Holding KUKEY Accounts Payable is $7.24 Mil as of Dec. 2024.

Kuke Music Holding's Accounts Payable for the quarter that ended in Dec. 2024 was $7.24 Mil.

Kuke Music Holding's quarterly Accounts Payable increased from Dec. 2023 ($4.88 Mil) to Jun. 2024 ($6.50 Mil) and increased from Jun. 2024 ($6.50 Mil) to Dec. 2024 ($7.24 Mil).

Kuke Music Holding's annual Accounts Payable declined from Dec. 2022 ($5.02 Mil) to Dec. 2023 ($4.88 Mil) but then increased from Dec. 2023 ($4.88 Mil) to Dec. 2024 ($7.24 Mil).

Kuke Music Holding Accounts Payable Related Terms

Kuke Music Holding Accounts Payable Historical Data

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The historical data trend for Kuke Music Holding'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.

Kuke Music Holding Accounts Payable Chart

Kuke Music Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable
Get a 7-Day Free Trial 4.18 4.79 5.02 4.88 7.24

Kuke Music Holding Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.02 5.08 4.88 6.50 7.24

Kuke Music Holding 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.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $7.24 Mil mean?
Kuke Music Holding (KUKEY) has a Accounts Payable of $7.24 Mil as of Dec. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Kuke Music Holding and its competitors.
Is Kuke Music Holding's Accounts Payable too high?
Kuke Music Holding's current Accounts Payable is $7.24 Mil.
How does Kuke Music Holding's Accounts Payable compare to MVNC and ZNB?
Kuke Music Holding's Accounts Payable of $7.24 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Media - Diversified company?
A good Accounts Payable depends on the Media - Diversified industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Kuke Music Holding and its competitors. Kuke Music Holding's current Accounts Payable is $7.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuke Music Holding stock overvalued right now?
Kuke Music Holding (KUKEY) has a current Accounts Payable of $7.24 Mil. The current Accounts Payable is $7.24 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Kuke Music Holding (KUKEY), the current Accounts Payable is $7.24 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kuke Music Holding Business Description

Address 4 San Jian Fang South Block, Building 96, Chaoyang District, Beijing, CHN, 100024
Kuke Music Holding Ltd provides classical music licensing, subscription, and education services in China. The company licenses its music content to online music entertainment platforms, such as Tencent Music Entertainment Group, digital music service providers, such as NetEase Cloud Music, as well as film and TV production companies, airlines, and smart hardware companies. Users can access the platform through the website, mobile app, and smart music devices.