Petrovietnam General Services (STC:PET) Accounts Payable & Accrued Expense

: ₫2,352,145 Mil (As of Dec. 2023)

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Petrovietnam General Services's quarterly accounts payable & accrued expense declined from Jun. 2023 (₫3,807,950 Mil) to Sep. 2023 (₫2,740,473 Mil) and declined from Sep. 2023 (₫2,740,473 Mil) to Dec. 2023 (₫2,352,145 Mil).

Petrovietnam General Services's annual accounts payable & accrued expense increased from Dec. 2021 (₫2,883,830 Mil) to Dec. 2022 (₫3,079,952 Mil) but then declined from Dec. 2022 (₫3,079,952 Mil) to Dec. 2023 (₫2,352,145 Mil).

Petrovietnam General Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petrovietnam General Services'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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Petrovietnam General Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1,572,423.04

1,667,534.46

2,883,830.16

3,079,951.73

2,352,144.71

Petrovietnam General Services 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																3,079,951.73	3,284,029.21	3,807,949.98	2,740,472.98	2,352,144.71

Petrovietnam General Services 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.

Petrovietnam General Services (STC:PET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrovietnam General Services Corp (STC:PET) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 1-5 Le Duan Street 06 Floor, PetroVietNam Building Ben, Nghe District, Ho Chi Minh City, VNM

Website

http://www.petrosetco.com.vn

Petrovietnam General Services Corp is engaged in the distribution of telecom, IT and electronic products, household goods, polypropylene plastic particle, polyester, and LPG. The company is also involved in catering services, supply chain services which include the supply of oilfield materials and equipment, heavy cargo transportation and lifting services, and logistics services, and property services focusing on real estate management, hotel service, and real estate development and investment.