Shanxi Taigang Stainless Steel Co (SZSE:000825) Accounts Payable & Accrued Expense : ¥18,149 Mil (As of Mar. 2024)

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What is Shanxi Taigang Stainless Steel Co Accounts Payable & Accrued Expense?

Shanxi Taigang Stainless Steel Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥19,017 Mil) to Dec. 2023 (¥17,971 Mil) but then increased from Dec. 2023 (¥17,971 Mil) to Mar. 2024 (¥18,149 Mil).

Shanxi Taigang Stainless Steel Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥15,744 Mil) to Dec. 2022 (¥17,341 Mil) and increased from Dec. 2022 (¥17,341 Mil) to Dec. 2023 (¥17,971 Mil).

Shanxi Taigang Stainless Steel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanxi Taigang Stainless Steel 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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Shanxi Taigang Stainless Steel Co Accounts Payable & Accrued Expense Chart

Shanxi Taigang Stainless Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11,960.78

11,808.71

15,744.00

17,340.53

17,970.94

Shanxi Taigang Stainless Steel 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															18,351.49	17,254.06	19,017.31	17,970.94	18,149.47

Shanxi Taigang Stainless Steel 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.

Shanxi Taigang Stainless Steel Co (SZSE:000825) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shanxi Taigang Stainless Steel Co Ltd (SZSE:000825) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 2 Jiancaoping Street, Taiyuan, Shanxi, CHN, 030003

Website

http://tgbx.tisco.com.cn

Shanxi Taigang Stainless Steel Co Ltd is a provider of stainless steel. The companies main products are stainless steel, cold-rolled silicon steel, carbon steel hot-rolled coil, train axle steel, alloy die steel, and military steel. Companies products are used in industries such as petroleum, petrochemical, railway, automobile, shipbuilding, container, coinage.

Executives

Wang Bai Dong	Executives
Tian Wen Chang	Independent director
Hu Yu Ting	Director
Liu Fu Xing	Directors, executives
Zhang Wen Xiao	Supervisors
Li Cheng	Director
Guo Cun He	Supervisors

Shanxi Taigang Stainless Steel Co (SZSE:000825) Headlines

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