SIOLY (Sino-Ocean Group Holding) Accounts Payable & Accrued Expense : $8,608 Mil (As of Dec. 2024)

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What is Sino-Ocean Group Holding Accounts Payable & Accrued Expense?

Sino-Ocean Group Holding's quarterly accounts payable & accrued expense declined from Dec. 2023 ($8,915 Mil) to Jun. 2024 ($8,830 Mil) and declined from Jun. 2024 ($8,830 Mil) to Dec. 2024 ($8,608 Mil).

Sino-Ocean Group Holding's annual accounts payable & accrued expense increased from Dec. 2022 ($8,324 Mil) to Dec. 2023 ($8,915 Mil) but then declined from Dec. 2023 ($8,915 Mil) to Dec. 2024 ($8,608 Mil).

Sino-Ocean Group Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sino-Ocean Group Holding'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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Sino-Ocean Group Holding Accounts Payable & Accrued Expense Chart

Sino-Ocean Group Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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10,642.22

10,550.58

8,323.82

8,915.32

8,607.77

Sino-Ocean Group Holding Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8,323.82	8,227.45	8,915.32	8,829.71	8,607.77

Sino-Ocean Group Holding 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.

Sino-Ocean Group Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sino-Ocean Group Holding Ltd (OTCPK:SIOLY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

SIOLF:USA 03377:Hong Kong 3SD:Germany 3SD:Germany

Address

56 Dongsihuanzhonglu, 31-33 Floor, Tower A, Ocean International Center, Chaoyang District, Beijing, CHN, 100025

Website

https://www.sinooceangroup.com

Sino-Ocean Group Holding Ltd is a real estate company engaged in property development and property investment in China. The company focuses on mid-to-high-end residential property development, investment, and operation of urban property complexes and offices, property services, community O2O, senior living, medical care, shared offices, real estate funds, equity investments, asset management, and overseas investments. It operates in three segments; property development, property management, and property investment. Property development businesses are further segregated geographically into Beijing, Bohai Rim Region, Eastern China, Southern China, Central China, and Western China.

Sino-Ocean Group Holding Headlines

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