Mongolian Mining (Mongolian Mining) Accounts Payable & Accrued Expense : $211 Mil (As of Jun. 2023)

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What is Mongolian Mining Accounts Payable & Accrued Expense?

Mongolian Mining's quarterly accounts payable & accrued expense increased from Jun. 2022 ($112 Mil) to Dec. 2022 ($146 Mil) and increased from Dec. 2022 ($146 Mil) to Jun. 2023 ($211 Mil).

Mongolian Mining's annual accounts payable & accrued expense increased from Dec. 2020 ($146 Mil) to Dec. 2021 ($176 Mil) but then declined from Dec. 2021 ($176 Mil) to Dec. 2022 ($146 Mil).

Mongolian Mining Accounts Payable & Accrued Expense Historical Data

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

Mongolian Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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191.74

146.30

175.66

145.99

195.99

Mongolian Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															175.66	112.35	145.99	210.81	195.99

Mongolian Mining 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.

Mongolian Mining (Mongolian Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mongolian Mining Corp (OTCPK:MOGLF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

00975:Hong Kong 29X2:Germany

Address

Central Tower, 16th Floor, Sukhbaatar District, Ulaanbaatar, MNG, 14200

Website

https://www.mmc.mn

Mongolian Mining Corp, together with its subsidiaries, engages in the mining, processing, transportation, and sale of coal products in Mongolia. The company owns and operates the Ukhaa Khudag and the Baruun Naran open-pit coking coal mines located in the Umnugobi aimag, Mongolia. The company generates revenue from the sale of Washed hard-coking coal, Washed semi-soft coking coal, Washed thermal coal, and Raw thermal coal. The majority of the revenue is generated from the sale of Washed hard-coking coal. China accounts for the majority of the sale of its products.

Mongolian Mining (Mongolian Mining) Headlines

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Mongolian Mining Corp.: A High-Profit-Margin Play with Room to Grow

By Yiannis Mostrous Yiannis Mostrous • 03-09-2012