Sinosteel Engineering & Technology Co (SZSE:000928) Accounts Payable & Accrued Expense : ¥14,777 Mil (As of Mar. 2024)

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What is Sinosteel Engineering & Technology Co Accounts Payable & Accrued Expense?

Sinosteel Engineering & Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥13,773 Mil) to Dec. 2023 (¥15,463 Mil) but then declined from Dec. 2023 (¥15,463 Mil) to Mar. 2024 (¥14,777 Mil).

Sinosteel Engineering & Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥10,473 Mil) to Dec. 2022 (¥11,758 Mil) and increased from Dec. 2022 (¥11,758 Mil) to Dec. 2023 (¥15,463 Mil).

Sinosteel Engineering & Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sinosteel Engineering & Technology 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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Sinosteel Engineering & Technology Co Accounts Payable & Accrued Expense Chart

Sinosteel Engineering & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7,844.66

9,532.51

10,472.57

11,758.24

15,462.80

Sinosteel Engineering & Technology 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															11,610.20	12,821.33	13,772.63	15,462.80	14,777.30

Sinosteel Engineering & Technology 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.

Sinosteel Engineering & Technology Co (SZSE:000928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sinosteel Engineering & Technology Co Ltd (SZSE:000928) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8 Haidian Street, Beijing, CHN, 100080

Website

http://www.mecc.sinosteel.com

Sinosteel Engineering & Technology Co Ltd is a China-based company engaged in focusing on industrial engineering and service, municipal engineering and investment, energy saving and environment protection, as well as high-tech businesses.

Executives

Tang Fa Qi	Executives
Zhou Jian Hong	Executives
Ji Ai Dong	Independent director
Tian Hui	Independent director
Zhang Jian Hua	Executives
Xin Fang	Securities Affairs Representative
Du Jie	Director

Sinosteel Engineering & Technology Co (SZSE:000928) Headlines

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