Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Accounts Payable & Accrued Expense

: ¥12,830 Mil (As of Dec. 2023)

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Xinjiang Ba Yi Iron & Steel Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (¥14,304 Mil) to Sep. 2023 (¥14,132 Mil) and declined from Sep. 2023 (¥14,132 Mil) to Dec. 2023 (¥12,830 Mil).

Xinjiang Ba Yi Iron & Steel Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥13,117 Mil) to Dec. 2022 (¥12,033 Mil) but then increased from Dec. 2022 (¥12,033 Mil) to Dec. 2023 (¥12,830 Mil).

Xinjiang Ba Yi Iron & Steel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinjiang Ba Yi Iron & Steel 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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Xinjiang Ba Yi Iron & Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

7,716.85

14,358.15

13,117.02

12,032.98

12,830.35

Xinjiang Ba Yi Iron & Steel Co 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																12,032.98	13,662.96	14,303.62	14,131.87	12,830.35

Xinjiang Ba Yi Iron & Steel 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.

Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Xinjiang Ba Yi Iron & Steel Co Ltd (SHSE:600581) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Xingang Road, Toutunhe District, Urumqi, Xinjiang, CHN, 830022

Website

http://www.bygt.com.cn

Xinjiang Ba Yi Iron & Steel Co Ltd is a Chinese company operating in the ferrous metal smelting and rolling processing industry. It comprises a set of production processes ranging from mining, mineral separation, sintering and coking to ironmaking, steelmaking, and steel rolling. The company's product folio includes Carbon steel products such as bars, heavy plate, HR steel sheet, wire rod, pipe tubes, Stainless steel products, Special steel products like die steel products, bearing steel, transportation steel, alloys for aviation and aerospace, and other products.

Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Headlines

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