Bomesc Offshore Engineering Co (SHSE:603727) Accounts Payable & Accrued Expense : ¥631 Mil (As of Mar. 2024)

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What is Bomesc Offshore Engineering Co Accounts Payable & Accrued Expense?

Bomesc Offshore Engineering Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥485 Mil) to Dec. 2023 (¥572 Mil) and increased from Dec. 2023 (¥572 Mil) to Mar. 2024 (¥631 Mil).

Bomesc Offshore Engineering Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,191 Mil) to Dec. 2022 (¥626 Mil) and declined from Dec. 2022 (¥626 Mil) to Dec. 2023 (¥572 Mil).

Bomesc Offshore Engineering Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bomesc Offshore Engineering Co'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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Bomesc Offshore Engineering Co Accounts Payable & Accrued Expense Chart

Bomesc Offshore Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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440.83

502.14

1,190.51

625.70

571.59

Bomesc Offshore Engineering Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															366.19	533.00	484.60	571.59	631.48

Bomesc Offshore Engineering Co 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.

Bomesc Offshore Engineering Co (SHSE:603727) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bomesc Offshore Engineering Co Ltd (SHSE:603727) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 14, Fourth Avenue, Tianjin Economic and Technological Development Zone, Tianjin, CHN, 300457

Website

http://www.bomesc.com

Bomesc Offshore Engineering Co Ltd is an engineering, procurement and construction company. The company targets domestic and international markets and focuses on high-end customers in marine oil and gas development, mining, and natural gas liquefaction industries. Its main products are divided into marine oil and gas development modules and mining models. In addition, the company provides energy resources facilities for at home and abroad in the fields of offshore oil and gas development, mining and natural gas liquefaction.

Executives

Shi Lei

Director

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