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Tongcheng Travel Holdings (STU:TEM) Accounts Payable : €531 Mil (As of Dec. 2023)


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What is Tongcheng Travel Holdings Accounts Payable?

Tongcheng Travel Holdings's Accounts Payable for the quarter that ended in Dec. 2023 was €531 Mil.

Tongcheng Travel Holdings's quarterly Accounts Payable declined from Jun. 2023 (€545 Mil) to Sep. 2023 (€511 Mil) but then increased from Sep. 2023 (€511 Mil) to Dec. 2023 (€531 Mil).

Tongcheng Travel Holdings's annual Accounts Payable increased from Dec. 2021 (€307 Mil) to Dec. 2022 (€341 Mil) and increased from Dec. 2022 (€341 Mil) to Dec. 2023 (€531 Mil).

Tongcheng Travel Holdings Accounts Payable Historical Data

The historical data trend for Tongcheng Travel Holdings'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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Tongcheng Travel Holdings Accounts Payable Chart

Tongcheng Travel Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable
Get a 7-Day Free Trial Premium Member Only 439.95 251.48 306.60 341.46 530.53

Tongcheng Travel Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 341.46 537.39 544.60 510.93 530.53

Tongcheng Travel Holdings 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.

Tongcheng Travel Holdings Accounts Payable Related Terms

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Tongcheng Travel Holdings (STU:TEM) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tongcheng Travel Holdings Ltd (STU:TEM) » Definitions » Accounts Payable
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Traded in Other Exchanges
00780:Hong Kong
Address
No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN
Website
https://www.tongchengir.com
Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

Tongcheng Travel Holdings (STU:TEM) Headlines

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