Xinjiang Baodi Mining Co (SHSE:601121) Accounts Payable & Accrued Expense : ¥542.4 Mil (As of Mar. 2024)

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What is Xinjiang Baodi Mining Co Accounts Payable & Accrued Expense?

Xinjiang Baodi Mining Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥423.8 Mil) to Dec. 2023 (¥561.8 Mil) but then declined from Dec. 2023 (¥561.8 Mil) to Mar. 2024 (¥542.4 Mil).

Xinjiang Baodi Mining Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥456.0 Mil) to Dec. 2022 (¥1,071.6 Mil) but then declined from Dec. 2022 (¥1,071.6 Mil) to Dec. 2023 (¥561.8 Mil).

Xinjiang Baodi Mining Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinjiang Baodi Mining 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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Xinjiang Baodi Mining Co Accounts Payable & Accrued Expense Chart

Xinjiang Baodi Mining Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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634.21

353.00

456.04

1,071.64

561.79

Xinjiang Baodi Mining Co Quarterly Data
	Dec12	Dec13	Dec14	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												303.97	458.31	423.81	561.79	542.44

Xinjiang Baodi Mining 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.

Xinjiang Baodi Mining Co (SHSE:601121) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xinjiang Baodi Mining Co Ltd (SHSE:601121) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

No. 390 Karamay East Street, Floor 15, Shenzhen City Building, Shayibak District, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830000

Website

Xinjiang Baodi Mining Co Ltd is engaged in the Iron ore mining, mineral processing and iron concentrate sales.

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