PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Accounts Payable & Accrued Expense : $144 Mil (As of Dec. 2023)

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What is PT Vale Indonesia Tbk Accounts Payable & Accrued Expense?

PT Vale Indonesia Tbk's quarterly accounts payable & accrued expense increased from Jun. 2023 ($158 Mil) to Sep. 2023 ($160 Mil) but then declined from Sep. 2023 ($160 Mil) to Dec. 2023 ($144 Mil).

PT Vale Indonesia Tbk's annual accounts payable & accrued expense declined from Dec. 2021 ($125 Mil) to Dec. 2022 ($119 Mil) but then increased from Dec. 2022 ($119 Mil) to Dec. 2023 ($144 Mil).

PT Vale Indonesia Tbk Accounts Payable & Accrued Expense Historical Data

The historical data trend for PT Vale Indonesia Tbk'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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PT Vale Indonesia Tbk Accounts Payable & Accrued Expense Chart

PT Vale Indonesia Tbk Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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102.94

117.29

125.48

118.74

143.65

PT Vale Indonesia Tbk 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															118.74	149.96	158.05	159.74	143.65

PT Vale Indonesia Tbk 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.

PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Vale Indonesia Tbk (OTCPK:PTNDY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PTNDF:USA INCO:Indonesia XT3B:Germany

Address

Jalan Jenderal Sudirman Kav. 71, Sequis Tower, Lantai 20, Unit 6 and 7, Jakarta, IDN, 12190

Website

https://www.vale.com

PT Vale Indonesia Tbk is primarily engaged in nickel mining and processing in Indonesia. The company produces nickel in matte from lateritic ores at its integrated mining and processing facilities near Sorowako, Indonesia. The finished nickel product represents what is known in the industry as "primary nickel," meaning nickel produced principally from nickel ores, as opposed to "secondary" nickel, which is recovered from recycled metal which contains nickel. The majority of global nickel is used for stainless steel production.