Kuaishou Technology (HKSE:01024) Other Current Liabilities : HK$11,629 Mil (As of Dec. 2023)

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What is Kuaishou Technology Other Current Liabilities?

Kuaishou Technology's other current liabilities for the quarter that ended in Dec. 2023 was HK$11,629 Mil.

Kuaishou Technology's quarterly other current liabilities declined from Jun. 2023 (HK$10,216 Mil) to Sep. 2023 (HK$4,264 Mil) but then increased from Sep. 2023 (HK$4,264 Mil) to Dec. 2023 (HK$11,629 Mil).

Kuaishou Technology's annual other current liabilities increased from Dec. 2021 (HK$8,585 Mil) to Dec. 2022 (HK$8,768 Mil) and increased from Dec. 2022 (HK$8,768 Mil) to Dec. 2023 (HK$11,629 Mil).

Kuaishou Technology Other Current Liabilities Historical Data

The historical data trend for Kuaishou Technology's Other Current Liabilities 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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Kuaishou Technology Other Current Liabilities Chart

Kuaishou Technology Annual Data

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Other Current Liabilities

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Kuaishou Technology Quarterly Data
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Kuaishou Technology Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

Kuaishou Technology Other Current Liabilities Related Terms

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Kuaishou Technology (HKSE:01024) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kuaishou Technology (HKSE:01024) » Definitions » Other Current Liabilities

Comparable Companies

Traded in Other Exchanges

KSHTY:USA KUASF:USA 5Y0:Germany 5Y0:Germany

Address

No. 6, Shangdi West Road, Building 1, Haidian District, Beijing, CHN, 100085

Website

https://www.kuaishou.com

Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

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