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GEPIC Energy Development Co (SZSE:000791) Accounts Payable & Accrued Expense : ¥695 Mil (As of Mar. 2024)


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What is GEPIC Energy Development Co Accounts Payable & Accrued Expense?

GEPIC Energy Development Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,104 Mil) to Dec. 2023 (¥988 Mil) and declined from Dec. 2023 (¥988 Mil) to Mar. 2024 (¥695 Mil).

GEPIC Energy Development Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥368 Mil) to Dec. 2022 (¥1,566 Mil) but then declined from Dec. 2022 (¥1,566 Mil) to Dec. 2023 (¥988 Mil).


GEPIC Energy Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for GEPIC Energy Development 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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GEPIC Energy Development Co Accounts Payable & Accrued Expense Chart

GEPIC Energy Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 409.54 378.58 368.02 1,565.57 988.14

GEPIC Energy Development 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 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 1,192.05 1,220.79 1,104.26 988.14 694.70

GEPIC Energy Development 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.


GEPIC Energy Development Co (SZSE:000791) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 69 Building Investment Group, 24th Floor, Gansu North Riverside, Gansu Province, Lanzhou, CHN
GEPIC Energy Development Co Ltd manufactures and distributes paints, pigments and pipes. It also involved in property development and management, as well as commercial trading and logistics businesses.

GEPIC Energy Development Co (SZSE:000791) Headlines

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