Sinofert Holdings (Sinofert Holdings) Accounts Payable & Accrued Expense : $685 Mil (As of Dec. 2023)

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What is Sinofert Holdings Accounts Payable & Accrued Expense?

Sinofert Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 ($563 Mil) to Jun. 2023 ($749 Mil) but then declined from Jun. 2023 ($749 Mil) to Dec. 2023 ($685 Mil).

Sinofert Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($553 Mil) to Dec. 2022 ($563 Mil) and increased from Dec. 2022 ($563 Mil) to Dec. 2023 ($685 Mil).

Sinofert Holdings Accounts Payable & Accrued Expense Historical Data

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

Sinofert Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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581.49

466.24

553.05

562.56

685.47

Sinofert Holdings 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															553.05	645.67	562.56	748.59	685.47

Sinofert Holdings 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.

Sinofert Holdings (Sinofert Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sinofert Holdings Ltd (OTCPK:SNFRY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SNFRF:USA 00297:Hong Kong WCQ1:Germany

Address

1 Harbour Road, Units 4705, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG

Website

http://www.sinofert.com

Sinofert Holdings Ltd is an investment holding company. The company operates in two segments: Basic Fertilizers Segment, Distribution Segment, and Production Segment. The Basic Fertilizers Segment is engaged in the sales of straight fertilizers such as nitrogen, phosphate, and potash. The Distribution segment engages in the building of distribution channels, procurement, and sales of compound fertilizers and new types of fertilizers. The Production Segment is responsible for the production and sales of fertilizers and MCP/DCP. The majority of its revenue comes from the Basic Fertilizers segment. Geographically, the company generates majority of its revenue from Mainland China.

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