China Huarong Energy Co (FRA:XYTA) Accounts Payable: €31.90 Mil (As of Jun. 2024)

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What is China Huarong Energy Co Accounts Payable?

China Huarong Energy Co FRA:XYTA Accounts Payable is €31.90 Mil as of Jun. 2024.

China Huarong Energy Co's Accounts Payable for the quarter that ended in Jun. 2024 was €31.90 Mil.

China Huarong Energy Co's quarterly Accounts Payable declined from Jun. 2023 (€35.39 Mil) to Dec. 2023 (€33.08 Mil) and declined from Dec. 2023 (€33.08 Mil) to Jun. 2024 (€31.90 Mil).

China Huarong Energy Co's annual Accounts Payable increased from Dec. 2021 (€35.62 Mil) to Dec. 2022 (€35.91 Mil) but then declined from Dec. 2022 (€35.91 Mil) to Dec. 2023 (€33.08 Mil).

China Huarong Energy Co Accounts Payable Related Terms

China Huarong Energy Co Accounts Payable Historical Data

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The historical data trend for China Huarong Energy Co's Accounts Payable 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.

China Huarong Energy Co Accounts Payable Chart

China Huarong Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.52 33.00 35.62 35.91 33.08

China Huarong Energy Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.37 35.91 35.39 33.08 31.90

China Huarong Energy Co Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of €31.90 Mil mean?
China Huarong Energy Co (FRA:XYTA) has a Accounts Payable of €31.90 Mil as of Jun. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on China Huarong Energy Co and its competitors.
Is China Huarong Energy Co's Accounts Payable too high?
China Huarong Energy Co's current Accounts Payable is €31.90 Mil.
How does China Huarong Energy Co's Accounts Payable compare to COP and EOG?
China Huarong Energy Co's Accounts Payable of €31.90 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Oil & Gas company?
A good Accounts Payable depends on the Oil & Gas industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on China Huarong Energy Co and its competitors. China Huarong Energy Co's current Accounts Payable is €31.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Huarong Energy Co stock overvalued right now?
China Huarong Energy Co (FRA:XYTA) has a current Accounts Payable of €31.90 Mil. The current Accounts Payable is €31.90 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For China Huarong Energy Co (FRA:XYTA), the current Accounts Payable is €31.90 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Huarong Energy Co Business Description

Industry EnergyOil & Gas
Address 50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chaiwan, Hong Kong, HKG
China Huarong Energy Co Ltd is a company principally engaged in the business of energy exploration and production focusing on oil and gas-related customers and markets. Its projects include approximately four oilfields located in the Fergana Valley of the Republic of Kyrgyzstan. The company's reportable segments are; Energy exploration and production which generates revenue from sales of crude oil in Kyrgyzstan; and the Oil storage and trading segment which generates key revenue for the firm is engaged in renting its capacity in the provision of oil storage services and trading the relevant commodities in China. Geographically, the company generates a majority of its revenue from China and the rest from Kyrgyzstan.