Lufax Holding (Lufax Holding) Accounts Payable & Accrued Expense : $11,523 Mil (As of Mar. 2024)

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What is Lufax Holding Accounts Payable & Accrued Expense?

Lufax Holding's quarterly accounts payable & accrued expense declined from Sep. 2023 ($15,801 Mil) to Dec. 2023 ($12,694 Mil) and declined from Dec. 2023 ($12,694 Mil) to Mar. 2024 ($11,523 Mil).

Lufax Holding's annual accounts payable & accrued expense declined from Dec. 2021 ($33,935 Mil) to Dec. 2022 ($27,427 Mil) and declined from Dec. 2022 ($27,427 Mil) to Dec. 2023 ($12,694 Mil).

Lufax Holding Accounts Payable & Accrued Expense Historical Data

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

Lufax Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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10,096.38

19,809.64

33,934.96

27,426.68

12,693.84

Lufax Holding 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															24,485.90	18,261.34	15,801.35	12,693.84	11,523.05

Lufax Holding 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.

Lufax Holding (Lufax Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lufax Holding Ltd (NYSE:LU) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

06623:Hong Kong 0VU1:Germany

Address

Jinxiu East Road, Lane 2777, Pudong New District, Shanghai, CHN

Website

https://www.lu.com

Lufax Holding Ltd is a technology-empowered personal financial services platform in China. The company address the large unmet demand for personal lending among small business owners as well as salaried workers in China and provides tailor-made wealth management solutions to China's middle class and affluent population. Its platform has two hubs namely Retail Credit Facilitation Hub and Wealth Management Hub.