Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Accounts Payable & Accrued Expense : ¥13,130 Mil (As of Mar. 2024)

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What is Shan Xi Hua Yang Group New Energy Co Accounts Payable & Accrued Expense?

Shan Xi Hua Yang Group New Energy Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥14,094 Mil) to Dec. 2023 (¥15,383 Mil) but then declined from Dec. 2023 (¥15,383 Mil) to Mar. 2024 (¥13,130 Mil).

Shan Xi Hua Yang Group New Energy Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥18,051 Mil) to Dec. 2022 (¥16,286 Mil) and declined from Dec. 2022 (¥16,286 Mil) to Dec. 2023 (¥15,383 Mil).

Shan Xi Hua Yang Group New Energy Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shan Xi Hua Yang Group New Energy 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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Shan Xi Hua Yang Group New Energy Co Accounts Payable & Accrued Expense Chart

Shan Xi Hua Yang Group New Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15,881.86

14,852.16

18,050.94

16,286.42

15,382.99

Shan Xi Hua Yang Group New Energy 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															13,589.13	14,137.17	14,094.12	15,382.99	13,130.31

Shan Xi Hua Yang Group New Energy 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.

Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Shan Xi Hua Yang Group New Energy Co Ltd (SHSE:600348) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

No. 2, Taobei West Street, Mining District, Shanxi Province, Yangquan, CHN, 045000

Website

https://www.ymjt.com.cn

Shan Xi Hua Yang Group New Energy Co Ltd, formerly Yang Quan Coal Industry (Group) Co Ltd is mainly engaged in coal mining, processing, and distribution as well as power generation and heat supply. The company has about 1.8 billion tons of recoverable coal reserves. In 2010, Yangquan produced 26.21 million tons of coal and distributed 45.38 million tons of coal.

Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Headlines

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