Poten Environment Group Co (SHSE:603603) Accounts Payable & Accrued Expense : ¥2,602.7 Mil (As of Sep. 2023)

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What is Poten Environment Group Co Accounts Payable & Accrued Expense?

Poten Environment Group Co's quarterly accounts payable & accrued expense declined from Mar. 2023 (¥2,818.4 Mil) to Jun. 2023 (¥2,619.8 Mil) and declined from Jun. 2023 (¥2,619.8 Mil) to Sep. 2023 (¥2,602.7 Mil).

Poten Environment Group Co's annual accounts payable & accrued expense increased from Dec. 2020 (¥3,792.9 Mil) to Dec. 2021 (¥4,459.4 Mil) but then declined from Dec. 2021 (¥4,459.4 Mil) to Dec. 2022 (¥3,022.4 Mil).

Poten Environment Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Poten Environment Group 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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Poten Environment Group Co Accounts Payable & Accrued Expense Chart

Poten Environment Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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4,527.58

4,587.82

3,792.93

4,459.40

3,022.39

Poten Environment Group Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,734.66	3,022.39	2,818.39	2,619.78	2,602.74

Poten Environment Group 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.

Poten Environment Group Co (SHSE:603603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Poten Environment Group Co Ltd (SHSE:603603) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 60 Xizhimen North Street, Room 12A06-08, Shougang International Building, Haidian District, Beijing, CHN, 100082

Website

http://www.poten.cn

Poten Environment Group Co Ltd is a China based company engaged in providing integrated water systems and solutions for Urban water environment, Industrial water system, and Ecological restoration and soil remediation. The urban water environment service includes traditional water environment services like water supply, domestic sewage treatment and reclaimed water. The Industrial and energy water systems include coal chemical, petrochemical, fine chemical, thermoelectric, textile and paper, food and beverage, bio-pharmaceutical, electronic machinery and other industrial fields. The Ecological restoration and soil remediation solutions comprise groundwater pollution control, black and odorous water bodies and watershed management, and contaminated site remediation.

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