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China Oriental Group Co (China Oriental Group Co) Accounts Payable & Accrued Expense : $951 Mil (As of Dec. 2023)


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What is China Oriental Group Co Accounts Payable & Accrued Expense?

China Oriental Group Co's quarterly accounts payable & accrued expense increased from Dec. 2022 ($912 Mil) to Jun. 2023 ($925 Mil) and increased from Jun. 2023 ($925 Mil) to Dec. 2023 ($951 Mil).

China Oriental Group Co's annual accounts payable & accrued expense declined from Dec. 2021 ($1,468 Mil) to Dec. 2022 ($912 Mil) but then increased from Dec. 2022 ($912 Mil) to Dec. 2023 ($951 Mil).


China Oriental Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Oriental 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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China Oriental Group Co Accounts Payable & Accrued Expense Chart

China Oriental Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 984.53 1,352.57 1,468.48 912.32 950.63

China Oriental Group Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,468.48 1,275.01 912.32 924.60 950.63

China Oriental 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.


China Oriental Group Co (China Oriental Group Co) Business Description

Traded in Other Exchanges
Address
23 Harbour Road, Suites 901-2 and 10, 9th Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG
China Oriental Group Co Ltd is an iron and steel producer. The company is organized into two main operating segments: Iron and Steel and Real Estate. The Iron and Steel segment is comprised of the manufacturing and sale of iron and steel products and trading of steel products and iron ore and under its Real Estate segment it develops and sells properties. China Oriental produces downstream products including H-section steel, Cold rolled sheets, Galvanized sheets, Strips and strip products, Billets, Rebar, and Steel pile sheets. The company generates the majority of its revenue from the Iron and Steel segment. The firm's major customers are based in Northern China.

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