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Shaanxi Energy Investment Co (SZSE:001286) Accounts Payable & Accrued Expense : ¥7,771 Mil (As of Mar. 2024)


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What is Shaanxi Energy Investment Co Accounts Payable & Accrued Expense?

Shaanxi Energy Investment Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥5,878 Mil) to Dec. 2023 (¥6,365 Mil) and increased from Dec. 2023 (¥6,365 Mil) to Mar. 2024 (¥7,771 Mil).

Shaanxi Energy Investment Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥6,237 Mil) to Dec. 2022 (¥6,001 Mil) but then increased from Dec. 2022 (¥6,001 Mil) to Dec. 2023 (¥6,365 Mil).


Shaanxi Energy Investment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shaanxi Energy Investment 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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Shaanxi Energy Investment Co Accounts Payable & Accrued Expense Chart

Shaanxi Energy Investment Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 5,733.46 6,689.90 6,237.49 6,000.85 6,365.48

Shaanxi Energy Investment Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,981.18 5,560.54 5,877.96 6,365.48 7,770.61

Shaanxi Energy Investment 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.


Shaanxi Energy Investment Co (SZSE:001286) Business Description

Traded in Other Exchanges
N/A
Address
No. 152, Shahe Road, Shenggao Times Office Building, High-tech Industrial Park, Shaanxi Province, Yulin, CHN, 719054
Shaanxi Energy Investment Co Ltd is engaged in the rhermal power generation, coal production and sales.

Shaanxi Energy Investment Co (SZSE:001286) Headlines

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