Cheche Group (Cheche Group) Accounts Payable & Accrued Expense : $46.8 Mil (As of Dec. 2022)

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What is Cheche Group Accounts Payable & Accrued Expense?

Cheche Group's quarterly accounts payable & accrued expense increased from Dec. 2021 ($49.3 Mil) to Jun. 2022 ($50.3 Mil) but then declined from Jun. 2022 ($50.3 Mil) to Dec. 2022 ($46.8 Mil).

Cheche Group's annual accounts payable & accrued expense declined from Dec. 2021 ($49.3 Mil) to Dec. 2022 ($46.8 Mil) but then increased from Dec. 2022 ($46.8 Mil) to Dec. 2023 ($65.0 Mil).

Cheche Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cheche Group'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.

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Cheche Group Accounts Payable & Accrued Expense Chart

Cheche Group Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

49.29

46.76

64.98

Cheche Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Dec23
Accounts Payable & Accrued Expense	-	49.29	50.25	46.76	64.98

Cheche Group 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.

Cheche Group (Cheche Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cheche Group Inc (NAS:CCG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-1 Deshengmenwai Avenue, 8th Floor, Desheng Hopson Fortune Plaza, Xicheng, Beijing, CHN, 100088

Website

https://www.chechegroup.com

Cheche Group Inc is an insurtech company. It is China's independent technology-empowered platform for auto insurance transaction services by digital auto insurance transaction premiums and insurance technology companies. The company has reshaped the traditional auto insurance distribution and services value chain to create a digital platform by improving operational efficiencies, reducing transaction costs, and expanding distribution channels. Its business scope ranges from digital insurance transactions, SaaS platforms for insurance intermediaries, AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle (NEV) manufacturers, green auto insurance innovations, etc.

Cheche Group (Cheche Group) Headlines

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