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JD Logistics (HKSE:02618) Total Current Liabilities : HK$43,020 Mil (As of Dec. 2023)


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What is JD Logistics Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. JD Logistics's total current liabilities for the quarter that ended in Dec. 2023 was HK$43,020

JD Logistics Total Current Liabilities Historical Data

The historical data trend for JD Logistics's Total Current Liabilities 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.

* Premium members only.

JD Logistics Total Current Liabilities Chart

JD Logistics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 20,533.76 31,223.17 30,055.26 38,243.27 43,019.86

JD Logistics Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38,243.27 37,474.57 - 43,019.86 -

JD Logistics Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

JD Logistics's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=23242.637+12826.421
+Other Current Liabilities+Current Deferred Liabilities
=6950.797+0
=43,020

JD Logistics's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=23242.637+12826.421
+Other Current Liabilities+Current Deferred Liabilities
=6950.797+0
=43,020

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

JD Logistics Total Current Liabilities Related Terms

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JD Logistics (HKSE:02618) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JD Logistics Inc (HKSE:02618) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:00598 HKSE:01519 HKSE:00636 HKSE:09699 HKSE:01442 HKSE:02130 HKSE:02490 HKSE:03399 HKSE:02482 HKSE:00500 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD CHRW
Traded in Other Exchanges
JDLGF:USA 822:Germany
Address
No. 20 Kechuang 11 Street, 8th Floor, Building B, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111
Website
https://www.jdl.cn
JD Logistics Inc, owned by leading China e-commerce company JD.com, is a technology-driven supply chain solutions and logistics services provider in China. It offers a full spectrum of supply chain solutions and logistics services, ranging from warehousing to distribution, spanning across manufacturing to end-customers, covering regular and specialized items. JDL services include formulating and executing supply chain strategies. Customers come from a wide array of industries, such as fast-moving consumer goods; or FMCG, apparel; home appliances; home furniture; computers, consumer electronics, and communications, or 3C; automotive; and fresh produce, among others.
Executives
Liu Qiangdong Richard 2101 Beneficial owner
Jd.com, Inc.
Jingdong Technology Group Corporation
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee

JD Logistics (HKSE:02618) Headlines

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