500.com Limited Accrued Expenses

Accrued Expenses of WBAI for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accrued Expenses growth rates and interactive chart. Accrued expense is expense which has been incurred but not yet paid. Expense must be recorded in the accounting period in which it is incurred. Therefore, accrued expense must be recognized in the accounting period in which it occurs rather than in the following period in which it will be paid.

Highlights and Quick Summary

  • Accrued Expenses for the quarter ending September 29, 2020 was $8.42 Million (a 4.78% increase compared to previous quarter)
  • Year-over-year quarterly Accrued Expenses increased by 0.62%
  • Annual Accrued Expenses for 2020 was $10.6 Million (a 27.03% increase from previous year)
  • Annual Accrued Expenses for 2019 was $8.37 Million (a -41.24% decrease from previous year)
  • Annual Accrued Expenses for 2018 was $14.2 Million (a -45.18% decrease from previous year)
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Historical Accrued Expenses of 500.com Limited

Most recent Accrued Expensesof WBAI including historical data for past 10 years.

Interactive Chart of Accrued Expenses of 500.com Limited

500.com Limited Accrued Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $8.42 $8.04 $7.9 $10.63
2019 $8.37 $7.27 $9.43 $11.85 $8.37
2018 $14.24 $12.53 $13.64 $14.91 $14.24
2017 $25.98 $19.91 $18.92 $18.68 $25.98
2016 $28.87 $10.11 $10.12 $34.65 $28.87
2015 $24.16 $13.89 $14.74 $17.66 $24.16
2014 $23.95 $20.62 $21.8 $16.96 $23.95
2013 $16.72 $12.49 $11.43 $16.72
2012 $12.65 $12.65

Business Profile of 500.com Limited

Sector: Consumer Cyclical
Industry: Gambling
500.com Limited, through its subsidiaries, provides online gaming services primarily in the People's Republic of China and Europe. It operates online gaming sites, such as Multilotto.com, Multilotto.net, multilotto.co.uk, and multilotto.ie; and provides users with various casino services, including online slot machines and online table games, as well as secondary lottery services. The company also operates a sports information portal and a mobile application, which comprise real time soccer match information and data-driven soccer match predictions, as well as allows users to post free or pay-per-view contents, such as observations and analyses on the sports information portal; and provides a pay-service, which offers users the ability to connect with independent sports experts to obtain information on specific sporting matches. In addition, it operates a platform to provide customers with online spot commodity trading for gold trade and delay products across PC and mobile devices. The company was formerly known as 500wan.com Limited and changed its name to 500.com Limited in October 2013. 500.com Limited was founded in 2001 and is headquartered in Shenzhen, the People's Republic of China.