Inner Mongolia Yitai Coal Co (SHSE:900948) Accounts Payable & Accrued Expense : $938 Mil (As of Mar. 2024)

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What is Inner Mongolia Yitai Coal Co Accounts Payable & Accrued Expense?

Inner Mongolia Yitai Coal Co's quarterly accounts payable & accrued expense increased from Sep. 2023 ($1,201 Mil) to Dec. 2023 ($1,530 Mil) but then declined from Dec. 2023 ($1,530 Mil) to Mar. 2024 ($938 Mil).

Inner Mongolia Yitai Coal Co's annual accounts payable & accrued expense declined from Dec. 2021 ($1,695 Mil) to Dec. 2022 ($1,664 Mil) and declined from Dec. 2022 ($1,664 Mil) to Dec. 2023 ($1,530 Mil).

Inner Mongolia Yitai Coal Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Inner Mongolia Yitai Coal 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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Inner Mongolia Yitai Coal Co Accounts Payable & Accrued Expense Chart

Inner Mongolia Yitai Coal Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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952.57

892.80

1,694.60

1,663.57

1,530.24

Inner Mongolia Yitai Coal 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															1,346.36	1,462.86	1,200.82	1,530.24	937.71

Inner Mongolia Yitai Coal 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.

Inner Mongolia Yitai Coal Co (SHSE:900948) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Inner Mongolia Yitai Coal Co Ltd (SHSE:900948) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

North Tianjiao Road, Yitai Building, Inner Mongolia, Dongsheng District, Ordos, CHN, 017000

Website

http://www.yitaicoal.com

Inner Mongolia Yitai Coal Co Ltd is primarily engaged in coal mining, processing, and distribution, as well as the distribution of petroleum products. The company also provides railway transportation services and road transportation services, as well as a coal-related chemical business, hotel management and pharmaceutical manufacturing. The company directly owns and controls multiple mechanized coal mines and controls three main railways, namely the Zhundong Railway, Huzhun Railway and a special railway line for Suancigou Mine. Thermal coal provided by the company serves as fuel for various industries including thermal power, construction materials and chemicals.

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