GSIH (General Steel Holdings) Accounts Payable & Accrued Expense : $1.11 Mil (As of Jun. 2019)

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What is General Steel Holdings Accounts Payable & Accrued Expense?

General Steel Holdings's quarterly accounts payable & accrued expense increased from Dec. 2018 ($9.73 Mil) to Mar. 2019 ($10.27 Mil) but then declined from Mar. 2019 ($10.27 Mil) to Jun. 2019 ($1.11 Mil).

General Steel Holdings's annual accounts payable & accrued expense declined from Dec. 2016 ($50.56 Mil) to Dec. 2017 ($10.58 Mil) and declined from Dec. 2017 ($10.58 Mil) to Dec. 2018 ($9.73 Mil).

General Steel Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for General Steel Holdings'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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General Steel Holdings Accounts Payable & Accrued Expense Chart

General Steel Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

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1,101.14

43.41

50.56

10.58

9.73

General Steel Holdings Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10.31	9.40	9.73	10.27	1.11

General Steel Holdings 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.

General Steel Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » General Steel Holdings Inc (OTCPK:GSIH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phoenix Place, Shuguangxili, Suite 106, Tower H,, Chaoyang District, Beijing, CHN, 100028

Website

http://www.gshi-steel.com

General Steel Holdings Inc is a manufacturer of steel products. The company through its subsidiary is operating steel companies serving various industries in the People's Republic of China. Its product includes steel rebar, hot-rolled carbon and silicon sheets and spiral-weld pipes.

Executives

Wenbing Wang

director

21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020