Cango (CANG) Accounts Payable & Accrued Expense : $60.6 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Cango Accounts Payable & Accrued Expense?

Cango's quarterly accounts payable & accrued expense declined from Jun. 2023 ($113.2 Mil) to Sep. 2023 ($82.0 Mil) and declined from Sep. 2023 ($82.0 Mil) to Dec. 2023 ($60.6 Mil).

Cango's annual accounts payable & accrued expense declined from Dec. 2021 ($102.2 Mil) to Dec. 2022 ($69.4 Mil) and declined from Dec. 2022 ($69.4 Mil) to Dec. 2023 ($60.6 Mil).

Cango Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cango's Accounts Payable & Accrued Expense 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.

* Premium members only.

Cango Accounts Payable & Accrued Expense Chart

Cango Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

34.78

37.88

102.22

69.35

60.60

Cango Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															69.35	180.50	113.20	81.96	60.60

Cango Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Cango (CANG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cango Inc (NYSE:CANG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

9C0A:Germany

Address

556 West Haiyang Road, 8th Floor, New Bund Oriental Plaza II, Pudong New Area, Shanghai, CHN, 200124

Website

https://www.cangoonline.com

Cango Inc is an automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. The services mainly consist of - automotive financing facilitation, automotive transaction facilitation, and aftermarket service facilitation. Geographically, it derives revenue from China.