Shanxi Coking Coal Energy Group Co (SZSE:000983) Accounts Payable & Accrued Expense : ¥19,100 Mil (As of Dec. 2023)

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What is Shanxi Coking Coal Energy Group Co Accounts Payable & Accrued Expense?

Shanxi Coking Coal Energy Group Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (¥22,382 Mil) to Sep. 2023 (¥17,955 Mil) but then increased from Sep. 2023 (¥17,955 Mil) to Dec. 2023 (¥19,100 Mil).

Shanxi Coking Coal Energy Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥24,079 Mil) to Dec. 2022 (¥21,816 Mil) and declined from Dec. 2022 (¥21,816 Mil) to Dec. 2023 (¥19,100 Mil).

Shanxi Coking Coal Energy Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanxi Coking Coal Energy 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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Shanxi Coking Coal Energy Group Co Accounts Payable & Accrued Expense Chart

Shanxi Coking Coal Energy Group Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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18,823.75

22,860.87

24,078.93

21,816.16

19,099.54

Shanxi Coking Coal Energy Group 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	Get a 7-Day Free Trial															21,816.16	19,733.50	22,381.80	17,954.69	19,099.54

Shanxi Coking Coal Energy 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.

Shanxi Coking Coal Energy Group Co (SZSE:000983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Shanxi Coking Coal Energy Group Co Ltd (SZSE:000983) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No 318 West Mine Street, Xishan Building, Shanxi province, Taiyuan, CHN, 030053

Website

http://www.xsmd.com.cn

Shanxi Coking Coal Energy Group Co Ltd formerly Shanxi Xishan Coal And Electricity Power Co Ltd is a China-based company engaged in coal mining and processing, coal mining machine manufacturing, and electrical equipment repair. The business scope of the company includes coal sales, washing and processing; power generation; power procurement and sales; power facilities, transportation and maintenance; equipment cleaning, cleaning services, technology development, technology transfer, technical consulting, laboratory testing, mechanical and electrical repair, material processing, energy-saving renovation New energy management; mine development design and construction; mining and power equipment production and operation and coal mining.

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