QTTOY (Qutoutiao) Accounts Payable: $50.2 Mil (As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Qutoutiao Accounts Payable?

Qutoutiao QTTOY Accounts Payable is $50.2 Mil as of Dec. 2024. The stock has 5 warning signs investors should review.

Qutoutiao's Accounts Payable for the quarter that ended in Dec. 2024 was $50.2 Mil.

Qutoutiao's quarterly Accounts Payable declined from Dec. 2022 ($56.7 Mil) to Dec. 2023 ($53.2 Mil) and declined from Dec. 2023 ($53.2 Mil) to Dec. 2024 ($50.2 Mil).

Qutoutiao's annual Accounts Payable declined from Dec. 2022 ($56.7 Mil) to Dec. 2023 ($53.2 Mil) and declined from Dec. 2023 ($53.2 Mil) to Dec. 2024 ($50.2 Mil).

Qutoutiao Accounts Payable Historical Data

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The historical data trend for Qutoutiao'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.

Qutoutiao Accounts Payable Chart

Qutoutiao Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable
Get a 7-Day Free Trial Premium Member Only 68.66 49.26 56.66 53.16 50.21

Qutoutiao Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable Get a 7-Day Free Trial Premium Member Only 68.66 49.26 56.66 53.16 50.21

Qutoutiao 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 $50.2 Mil mean?
Qutoutiao (QTTOY) has a Accounts Payable of $50.2 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 Qutoutiao and its competitors.
Is Qutoutiao's Accounts Payable too high?
Qutoutiao's current Accounts Payable is $50.2 Mil.
How does Qutoutiao's Accounts Payable compare to FRZT and GOOGL?
Qutoutiao's Accounts Payable of $50.2 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Accounts Payable depends on the Interactive Media 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 Qutoutiao and its competitors. Qutoutiao's current Accounts Payable is $50.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qutoutiao stock overvalued right now?
Based on GuruFocus' analysis, Qutoutiao (QTTOY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.03, compared to a current price of $0.00 — trading 99% below its estimated fair value. The current Accounts Payable is $50.2 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 Qutoutiao (QTTOY), the current Accounts Payable is $50.2 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.

Qutoutiao Business Description

Address 519 Yi De Road, Building No. 2, Shanghai Pudong Software Park, Pudong New Area, Shanghai, CHN, 200124
Qutoutiao Inc is a mobile content platform company in China. Its flagship mobile application, Qutoutiao, aggregates articles and short videos from professional media and freelancers and presents customized feeds to users. It has also launched a mobile literature application, Midu Novels, which offers users free literature supported by advertising. The mobile literature applications, Midu Novels, and Midu Lite, source content from traditional PC-based online literature platforms, which provide a license to publish their literature content on Midu Novels for a fee and offer pieces of literature. The company generates revenue by providing advertising and marketing services.