Baotailong New Materials Co (SHSE:601011) Accounts Payable & Accrued Expense : ¥2,680 Mil (As of Mar. 2024)

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What is Baotailong New Materials Co Accounts Payable & Accrued Expense?

Baotailong New Materials Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,604 Mil) to Dec. 2023 (¥2,824 Mil) but then declined from Dec. 2023 (¥2,824 Mil) to Mar. 2024 (¥2,680 Mil).

Baotailong New Materials Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,314 Mil) to Dec. 2022 (¥2,486 Mil) and increased from Dec. 2022 (¥2,486 Mil) to Dec. 2023 (¥2,824 Mil).

Baotailong New Materials Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Baotailong New Materials 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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Baotailong New Materials Co Accounts Payable & Accrued Expense Chart

Baotailong New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,920.59

2,085.38

2,313.55

2,486.32

2,824.38

Baotailong New Materials 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															2,719.51	2,616.61	2,603.81	2,824.38	2,679.98

Baotailong New Materials 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.

Baotailong New Materials Co (SHSE:601011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Baotailong New Materials Co Ltd (SHSE:601011) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 16 Baotailong Road, Xinxing District, Heilongjiang Province, Qitaihe, CHN, 154600

Website

http://www.btlgf.com

Baotailong New Materials Co Ltd engages in coal mining, washing, and processing operations in China. Its products include metallurgical coke, coal tar, crude benzene, coal, methanol, fusel oil, fuel oil, naphtha, coal tar pitch, etc. for steel mills and chemical companies. The company is also involved in power generation and steam production activities. It also exports its products to Russia.

Executives

Jiao Yun	Director
Feng Fan	Supervisors
Jiao Gui Jin	senior management
Li Yu Liang	senior management
Li Biao	Director
Ma Qing	Director
Wang Wei Zhou	Director
Qin Huai	Director
Jiao Yan Yan	Director
Sun Ming Jun	Supervisors
Chang Wan Chang	Director

Baotailong New Materials Co (SHSE:601011) Headlines

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