Shougang Fushan Resources Group (FRA:FU7) Accounts Payable & Accrued Expense : €205.2 Mil (As of Dec. 2023)

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What is Shougang Fushan Resources Group Accounts Payable & Accrued Expense?

Shougang Fushan Resources Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (€269.5 Mil) to Jun. 2023 (€453.3 Mil) but then declined from Jun. 2023 (€453.3 Mil) to Dec. 2023 (€205.2 Mil).

Shougang Fushan Resources Group's annual accounts payable & accrued expense declined from Dec. 2021 (€323.7 Mil) to Dec. 2022 (€269.5 Mil) and declined from Dec. 2022 (€269.5 Mil) to Dec. 2023 (€205.2 Mil).

Shougang Fushan Resources Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shougang Fushan Resources Group'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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Shougang Fushan Resources Group Accounts Payable & Accrued Expense Chart

Shougang Fushan Resources Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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239.22

189.28

323.72

269.45

205.24

Shougang Fushan Resources Group 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															323.72	612.25	269.45	453.34	205.24

Shougang Fushan Resources Group 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.

Shougang Fushan Resources Group (FRA:FU7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shougang Fushan Resources Group Ltd (FRA:FU7) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FSHYF:USA 00639:Hong Kong

Address

56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG

Website

http://www.shougang-resources.com.hk

Shougang Fushan Resources Group Ltd is engaged in coking coal mining, production and sales of coking coal products in the PRC. It derives revenue from the sale of clean coking coal and raw coking coal. The group has three operating coking coal mines and three coal preparation plants. The group has a business presence in the PRC and Hong Kong.

Shougang Fushan Resources Group (FRA:FU7) Headlines

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