Jiangxi Jovo Energy Co (SHSE:605090) Accounts Payable & Accrued Expense : ¥1,239 Mil (As of Mar. 2024)

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What is Jiangxi Jovo Energy Co Accounts Payable & Accrued Expense?

Jiangxi Jovo Energy Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,122 Mil) to Dec. 2023 (¥1,603 Mil) and declined from Dec. 2023 (¥1,603 Mil) to Mar. 2024 (¥1,239 Mil).

Jiangxi Jovo Energy Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥344 Mil) to Dec. 2022 (¥1,262 Mil) and increased from Dec. 2022 (¥1,262 Mil) to Dec. 2023 (¥1,603 Mil).

Jiangxi Jovo Energy Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jiangxi Jovo Energy 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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Jiangxi Jovo Energy Co Accounts Payable & Accrued Expense Chart

Jiangxi Jovo Energy Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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550.46

478.41

344.12

1,262.40

1,602.82

Jiangxi Jovo Energy 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															1,201.74	1,084.22	2,122.17	1,602.82	1,238.63

Jiangxi Jovo Energy 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.

Jiangxi Jovo Energy Co (SHSE:605090) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jiangxi Jovo Energy Co Ltd (SHSE:605090) » Definitions » Accounts Payable & Accrued Expense

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Address

West side of Zhenxing Avenue, New Industrial Zone, Yudu County, Ganzhou, CHN, 342300

Website

http://www.jovo.com.cn

Jiangxi Jovo Energy Co Ltd is a large-scale clean energy integrated service provider in the midstream and terminal sectors of the gas industry.

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