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Xiaomi (HKSE:01810) Accounts Payable & Accrued Expense : HK$88,531 Mil (As of Dec. 2023)


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What is Xiaomi Accounts Payable & Accrued Expense?

Xiaomi's quarterly accounts payable & accrued expense increased from Jun. 2023 (HK$76,817 Mil) to Sep. 2023 (HK$85,306 Mil) and increased from Sep. 2023 (HK$85,306 Mil) to Dec. 2023 (HK$88,531 Mil).

Xiaomi's annual accounts payable & accrued expense declined from Dec. 2021 (HK$110,055 Mil) to Dec. 2022 (HK$74,408 Mil) but then increased from Dec. 2022 (HK$74,408 Mil) to Dec. 2023 (HK$88,531 Mil).


Xiaomi Accounts Payable & Accrued Expense Historical Data

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

Xiaomi Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 74,445.42 98,104.80 110,054.68 74,407.88 88,531.29

Xiaomi 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 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 74,407.88 69,495.63 76,816.90 85,305.78 88,531.29

Xiaomi 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.


Xiaomi (HKSE:01810) Business Description

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Address
Anningzhuang Road, Xiaomi Campus, Haidian District, Beijing, CHN
Xiaomi is a technology product and services company founded in early 2010, focusing mainly on smartphones and Internet of Things products and related internet services. An early adopter of online smartphone sales, Xiaomi uses Android as its operating system but has its own customized user interface called MIUI. As competition in its home Chinese smartphone market intensified and growth has slowed, it has expanded into other markets and has become the smartphone market leader in India and is gaining market share in Europe. From 2020 to 2022, from a country perspective, around 50% of its overall revenue was generated in mainland China, down from 94% in 2015. The company listed on the Hong Kong market at the beginning of July 2018.

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