Sinostar Pec Holdings (SGX:C9Q) Accounts Payable & Accrued Expense : S$35 Mil (As of Dec. 2023)

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What is Sinostar Pec Holdings Accounts Payable & Accrued Expense?

Sinostar Pec Holdings's quarterly accounts payable & accrued expense increased from Jun. 2023 (S$26 Mil) to Sep. 2023 (S$44 Mil) but then declined from Sep. 2023 (S$44 Mil) to Dec. 2023 (S$35 Mil).

Sinostar Pec Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (S$65 Mil) to Dec. 2022 (S$29 Mil) but then increased from Dec. 2022 (S$29 Mil) to Dec. 2023 (S$35 Mil).

Sinostar Pec Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sinostar Pec 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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Sinostar Pec Holdings Accounts Payable & Accrued Expense Chart

Sinostar Pec Holdings Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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20.36

34.32

64.89

28.82

34.60

Sinostar Pec Holdings 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															28.82	39.21	26.01	43.54	34.60

Sinostar Pec 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.

Sinostar Pec Holdings (SGX:C9Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinostar Pec Holdings Ltd (SGX:C9Q) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

27 Huanghe Road, Shandong Province, Dongming County, Heze, CHN, 274500

Website

http://www.sinostar-pec.com

Sinostar Pec Holdings Ltd is a producer and supplier of downstream petrochemical products. The key products of the company are Processed LPG, Propylene, Purified Isobutylene, Hydrogen, Methyl Tert-butyl Ether (MTBE), Polypropylene and Logistics and Transport. The company operates in two segments that are Gas Seperation, and Trasport and Logistic Service. Processed LPG is a type of liquefied petroleum gas used as a source of fuel by households and industrial manufacturers mainly sold as household fuel through LPG distributors. All the operations of the company are principally carried out in China.

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