Phoenix New Media (Phoenix New Media) Accounts Payable & Accrued Expense : $61.34 Mil (As of Mar. 2024)

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What is Phoenix New Media Accounts Payable & Accrued Expense?

Phoenix New Media's quarterly accounts payable & accrued expense declined from Sep. 2023 ($65.71 Mil) to Dec. 2023 ($61.95 Mil) and declined from Dec. 2023 ($61.95 Mil) to Mar. 2024 ($61.34 Mil).

Phoenix New Media's annual accounts payable & accrued expense declined from Dec. 2021 ($134.81 Mil) to Dec. 2022 ($82.38 Mil) and declined from Dec. 2022 ($82.38 Mil) to Dec. 2023 ($61.95 Mil).

Phoenix New Media Accounts Payable & Accrued Expense Historical Data

The historical data trend for Phoenix New Media'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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Phoenix New Media Accounts Payable & Accrued Expense Chart

Phoenix New Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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125.31

138.25

134.81

82.38

61.95

Phoenix New Media 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															81.70	69.98	65.71	61.95	61.34

Phoenix New Media 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.

Phoenix New Media (Phoenix New Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Phoenix New Media Ltd (NYSE:FENG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

1PX:Germany

Address

No. 4 Qiyang Road, Sinolight Plaza, 16th Floor, Wangjing, Chaoyang District, Beijing, CHN, 100102

Website

https://www.ifeng.com

Phoenix New Media Ltd is a media company providing premium content on an integrated platform across the internet, mobile and TV channels in China. The company organizes its operations into two main segments: Net advertising services and Paid services. It provides its content and services through three channels: ifeng.com channel, video channel, and mobile channel. The company also offers a wide range of paid services including mobile value-added services, games, and content sales. It generates the majority of its revenue from Net advertising services. Geographically, it derives revenue from China.