Angang Steel Co (Angang Steel Co) Accounts Payable & Accrued Expense : $4,240 Mil (As of Mar. 2024)

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What is Angang Steel Co Accounts Payable & Accrued Expense?

Angang Steel Co's quarterly accounts payable & accrued expense increased from Sep. 2023 ($3,608 Mil) to Dec. 2023 ($3,940 Mil) and increased from Dec. 2023 ($3,940 Mil) to Mar. 2024 ($4,240 Mil).

Angang Steel Co's annual accounts payable & accrued expense increased from Dec. 2021 ($3,239 Mil) to Dec. 2022 ($3,425 Mil) and increased from Dec. 2022 ($3,425 Mil) to Dec. 2023 ($3,940 Mil).

Angang Steel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Angang 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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Angang Steel Co Accounts Payable & Accrued Expense Chart

Angang Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,603.58

2,008.47

3,238.50

3,425.42

3,939.53

Angang Steel Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,864.52	3,546.51	3,607.89	3,939.53	4,239.67

Angang 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.

Angang Steel Co (Angang Steel Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Angang Steel Co Ltd (OTCPK:ANGGF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

00347:Hong Kong GNV:Germany 000898:China

Address

Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021

Website

http://www.ansteel.com.cn

Angang Steel Co Ltd is engaged in the steel rolling and processing industry. The Company is classified into an operating segment based on the type of business: production and sale of steel products. The Company's products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. These products are widely used in industries such as machinery, metallurgy, petroleum, chemical industry, coal, electric power, railway, shipbuilding, automobile, construction, home electrical appliances, and aviation. Geographically, the group derives a majority of its revenue from the China region.

Angang Steel Co (Angang Steel Co) Headlines

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