PT Golden Energy Mines Tbk (ISX:GEMS) Accounts Payable & Accrued Expense : Rp5,339,715 Mil (As of Dec. 2023)

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What is PT Golden Energy Mines Tbk Accounts Payable & Accrued Expense?

PT Golden Energy Mines Tbk's quarterly accounts payable & accrued expense increased from Jun. 2023 (Rp4,679,338 Mil) to Sep. 2023 (Rp5,377,724 Mil) but then declined from Sep. 2023 (Rp5,377,724 Mil) to Dec. 2023 (Rp5,339,715 Mil).

PT Golden Energy Mines Tbk's annual accounts payable & accrued expense increased from Dec. 2021 (Rp4,916,826 Mil) to Dec. 2022 (Rp5,957,067 Mil) but then declined from Dec. 2022 (Rp5,957,067 Mil) to Dec. 2023 (Rp5,339,715 Mil).

PT Golden Energy Mines Tbk Accounts Payable & Accrued Expense Historical Data

The historical data trend for PT Golden Energy Mines Tbk'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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PT Golden Energy Mines Tbk Accounts Payable & Accrued Expense Chart

PT Golden Energy Mines Tbk Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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2,502,752.40

2,935,435.73

4,916,826.00

5,957,066.92

5,339,714.53

PT Golden Energy Mines Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,957,066.92	6,032,365.25	4,679,337.59	5,377,724.23	5,339,714.53

PT Golden Energy Mines Tbk 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.

PT Golden Energy Mines Tbk (ISX:GEMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Golden Energy Mines Tbk (ISX:GEMS) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Jalan MH Thamrin No. 51, Sinar Mas Land Plaza, Tower II, 6th Floor, Jakarta Pusat, Jakarta, IDN, 10350

Website

https://www.goldenenergymines.com

PT Golden Energy Mines Tbk is engaged in the mining and coal trading business. The company is structured in two segments namely, Coal Mining Segment and Coal Trading Segment. Its principal activities include the exploration, mining, processing, and marketing of thermal coal. The company operates in three concession areas: South Kalimantan, Jambi and Central Kalimantan. Most of its revenue is derived from Indonesia.

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