Tianqi Lithium (STU:2220) Accounts Payable & Accrued Expense : €685 Mil (As of Dec. 2023)

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What is Tianqi Lithium Accounts Payable & Accrued Expense?

Tianqi Lithium's quarterly accounts payable & accrued expense increased from Jun. 2023 (€1,217 Mil) to Sep. 2023 (€1,260 Mil) but then declined from Sep. 2023 (€1,260 Mil) to Dec. 2023 (€685 Mil).

Tianqi Lithium's annual accounts payable & accrued expense increased from Dec. 2021 (€296 Mil) to Dec. 2022 (€932 Mil) but then declined from Dec. 2022 (€932 Mil) to Dec. 2023 (€685 Mil).

Tianqi Lithium Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tianqi Lithium'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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Tianqi Lithium Accounts Payable & Accrued Expense Chart

Tianqi Lithium Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

308.42

273.71

296.11

931.98

685.06

Tianqi Lithium Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								931.98	1,216.75	1,259.78	685.06	-

Tianqi Lithium 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.

Tianqi Lithium (STU:2220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tianqi Lithium Corp (STU:2220) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

09696:Hong Kong 2220:Germany

Address

No. 10 East Gaopeng Road, Building 1, Hi-Tech Zone, Sichuan, Chengdu, CHN

Website

http://www.tianqilithium.com

Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

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