Mongolia Energy (Mongolia Energy) Accounts Payable & Accrued Expense : $234.5 Mil (As of Sep. 2023)

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What is Mongolia Energy Accounts Payable & Accrued Expense?

Mongolia Energy's quarterly accounts payable & accrued expense increased from Sep. 2022 ($105.2 Mil) to Mar. 2023 ($133.7 Mil) and increased from Mar. 2023 ($133.7 Mil) to Sep. 2023 ($234.5 Mil).

Mongolia Energy's annual accounts payable & accrued expense increased from Mar. 2021 ($49.0 Mil) to Mar. 2022 ($71.2 Mil) and increased from Mar. 2022 ($71.2 Mil) to Mar. 2023 ($133.7 Mil).

Mongolia Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mongolia Energy'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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Mongolia Energy Accounts Payable & Accrued Expense Chart

Mongolia Energy Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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32.93

49.12

48.98

71.21

133.69

Mongolia Energy Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															32.01	71.21	105.22	133.69	234.51

Mongolia Energy 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.

Mongolia Energy (Mongolia Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mongolia Energy Corp Ltd (OTCPK:MOAEY) » Definitions » Accounts Payable & Accrued Expense

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MOAEF:USA 00276:Hong Kong NWW:Germany

Address

118 Connaught Road West, 17th Floor, Hong Kong, HKG

Website

http://www.mongolia-energy.com

Mongolia Energy Corp Ltd is an investment holding company. The company's principal business is coal mining and exploration which is operated by its indirect wholly-owned subsidiary in Mongolia. Its principal project is the Khushuut Coking Coal Project in Western Mongolia, it also has interest in the Gobi Altay and Olon Bulag project. The Khushuut Coal Mine is located approximately 1,350 km west of Ulaanbaatar in the Khovd Province of Western Mongolia. It is about 311 km from the Xinjiang Takeshiken border, connecting the Khushuut Road. The group is principally engaged in mining, processing and sale of coal in the PRC and Mongolia. Mongolia Energy derives all of its revenue from Coal mining. Geographically company derives a majority of its revenue from PRC.

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