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Dada Nexus (Dada Nexus) Accounts Payable & Accrued Expense : $218 Mil (As of Mar. 2024)


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What is Dada Nexus Accounts Payable & Accrued Expense?

Dada Nexus's quarterly accounts payable & accrued expense declined from Sep. 2023 ($254 Mil) to Dec. 2023 ($232 Mil) and declined from Dec. 2023 ($232 Mil) to Mar. 2024 ($218 Mil).

Dada Nexus's annual accounts payable & accrued expense increased from Dec. 2021 ($178 Mil) to Dec. 2022 ($237 Mil) but then declined from Dec. 2022 ($237 Mil) to Dec. 2023 ($232 Mil).


Dada Nexus Accounts Payable & Accrued Expense Historical Data

The historical data trend for Dada Nexus'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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Dada Nexus Accounts Payable & Accrued Expense Chart

Dada Nexus Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 100.11 224.48 177.79 237.33 231.80

Dada Nexus Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense 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 221.68 209.27 253.60 231.80 218.10

Dada Nexus 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.


Dada Nexus (Dada Nexus) Business Description

Industry
Traded in Other Exchanges
Address
No.1088 Yangshupu Road, 22nd Floor, Oriental Fisherman’s Wharf, Yangpu District, Shanghai, CHN, 200082
Dada Nexus is a leading crowdsourced delivery service in China. The company has two core businesses, Dada Now, which is an on-demand delivery platform that provides last-mile and intracity services; and JD Daojia, or JDDJ, which is an online on-demand retail platform that connects consumers to merchants with its delivery capabilities. As of 2022, Dada Now accounted for 34% of revenue while JDDJ accounted for the rest. JDDJ and Dada Nexus merged in 2016, where JD.com received 47.4% ownership of the merged entity in exchange for its JDDJ business. As of June 2023, JD.com and Walmart Inc own 53.9% and 9.3% of Dada Nexus, respectively. Dada Nexus competes with other logistics companies such as SF Intra-City, with Didi in its delivery business, and with Meituan in its on-demand retail segment.

Dada Nexus (Dada Nexus) Headlines

From GuruFocus

Dada Announces Certain Management Changes

By GlobeNewswire 12-19-2023