Shanghai Datun Energy Resourses Co (SHSE:600508) Accounts Payable & Accrued Expense : ¥2,793 Mil (As of Mar. 2024)

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What is Shanghai Datun Energy Resourses Co Accounts Payable & Accrued Expense?

Shanghai Datun Energy Resourses Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥3,021 Mil) to Dec. 2023 (¥3,075 Mil) but then declined from Dec. 2023 (¥3,075 Mil) to Mar. 2024 (¥2,793 Mil).

Shanghai Datun Energy Resourses Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,051 Mil) to Dec. 2022 (¥3,869 Mil) but then declined from Dec. 2022 (¥3,869 Mil) to Dec. 2023 (¥3,075 Mil).

Shanghai Datun Energy Resourses Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Datun Energy Resourses 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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Shanghai Datun Energy Resourses Co Accounts Payable & Accrued Expense Chart

Shanghai Datun Energy Resourses Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,770.28

3,109.04

3,050.59

3,868.51

3,075.46

Shanghai Datun Energy Resourses 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															3,679.62	3,602.06	3,021.06	3,075.46	2,792.51

Shanghai Datun Energy Resourses 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.

Shanghai Datun Energy Resourses Co (SHSE:600508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Shanghai Datun Energy Resourses Co Ltd (SHSE:600508) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 256 Pudong South Road, Huaxia Bank Building, 12F, Pudong, Shanghai, Shanghai, CHN, 200120

Website

http://www.sdtny.com

Shanghai Datun Energy Resourses Co Ltd is mainly engaged in coal production and trade, washing and processing, coal mine construction, pit power generation, aluminum processing, railway transportation, machinery manufacturing, vocational and technical training and related engineering and technical services. Its products include coking coal, gas coal, gas fat coal, raw coal, washed coal, mixed coal, electrical power, and aluminum products.

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