China Petroleum & Chemical (LSE:SNP) Accounts Payable : $36,189 Mil (As of Sep. 2023)

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What is China Petroleum & Chemical Accounts Payable?

China Petroleum & Chemical's Accounts Payable for the quarter that ended in Sep. 2023 was $36,189 Mil.

China Petroleum & Chemical's quarterly Accounts Payable declined from Mar. 2023 ($34,955 Mil) to Jun. 2023 ($34,199 Mil) but then increased from Jun. 2023 ($34,199 Mil) to Sep. 2023 ($36,189 Mil).

China Petroleum & Chemical's annual Accounts Payable increased from Dec. 2020 ($23,170 Mil) to Dec. 2021 ($32,016 Mil) and increased from Dec. 2021 ($32,016 Mil) to Dec. 2022 ($37,099 Mil).

China Petroleum & Chemical Accounts Payable Historical Data

The historical data trend for China Petroleum & Chemical'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.

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China Petroleum & Chemical Accounts Payable Chart

China Petroleum & Chemical Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable

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27,069.89

26,831.63

23,169.76

32,015.92

37,098.84

China Petroleum & Chemical Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable	Get a 7-Day Free Trial															34,728.40	37,098.84	34,955.38	34,199.32	36,189.04

China Petroleum & Chemical 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.

China Petroleum & Chemical Accounts Payable Related Terms

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China Petroleum & Chemical (LSE:SNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Petroleum & Chemical Corp (LSE:SNP) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

SNPMF:USA 00386:Hong Kong CHU:Germany 600028:China

Address

No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728

Website

http://www.sinopec.com

China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.

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