PetroChina Co (BUE:PTRCY) Accounts Payable & Accrued Expense : ARS49,478,142 Mil (As of Mar. 2024)

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What is PetroChina Co Accounts Payable & Accrued Expense?

PetroChina Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (ARS23,406,309 Mil) to Dec. 2023 (ARS21,278,736 Mil) but then increased from Dec. 2023 (ARS21,278,736 Mil) to Mar. 2024 (ARS49,478,142 Mil).

PetroChina Co's annual accounts payable & accrued expense increased from Dec. 2021 (ARS5,641,569 Mil) to Dec. 2022 (ARS9,865,444 Mil) and increased from Dec. 2022 (ARS9,865,444 Mil) to Dec. 2023 (ARS21,278,736 Mil).

PetroChina Co Accounts Payable & Accrued Expense Historical Data

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

PetroChina Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,372,282.02

4,727,315.03

5,641,569.28

9,865,443.58

21,278,736.03

PetroChina 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															12,028,908.53	14,115,407.60	23,406,308.66	21,278,736.03	49,478,142.05

PetroChina 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.

PetroChina Co (BUE:PTRCY) Business Description

Industry

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PCCYF:USA 00857:Hong Kong PC6:Germany 601857:China

Address

No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007

Website

http://www.petrochina.com.cn

PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.