China Natural Gas (China Natural Gas) Accounts Payable & Accrued Expense : $17.4 Mil (As of Sep. 2013)

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What is China Natural Gas Accounts Payable & Accrued Expense?

China Natural Gas's quarterly accounts payable & accrued expense declined from Mar. 2013 ($14.5 Mil) to Jun. 2013 ($14.4 Mil) but then increased from Jun. 2013 ($14.4 Mil) to Sep. 2013 ($17.4 Mil).

China Natural Gas's annual accounts payable & accrued expense increased from Dec. 2010 ($8.5 Mil) to Dec. 2011 ($13.5 Mil) and increased from Dec. 2011 ($13.5 Mil) to Dec. 2012 ($15.2 Mil).

China Natural Gas Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Natural Gas'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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China Natural Gas Accounts Payable & Accrued Expense Chart

China Natural Gas Annual Data

Trend

Jul03

Jul04

Jul05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Accounts Payable & Accrued Expense

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3.65

4.85

8.45

13.50

15.22

China Natural Gas Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															12.50	15.22	14.54	14.44	17.36

China Natural Gas 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.

China Natural Gas (China Natural Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Natural Gas Inc (OTCPK:CHNGQ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Tang Yan Road, 19th Floor Building B, Van Metropolis, Hi-Tech Zone, Shaanxi Province, Xian, CHN, 710065

Website

http://www.naturalgaschina.com

China Natural Gas Inc through its subsidiaries engages in sales & distribution of natural gas and gasoline to commercial, industrial & residential customers, construction of pipeline networks, installation of natural gas fittings & parts for end-users.

Executives

Frank Waung	director	72 GREAT HILLS RD., SHORT HILLS NJ 07078
Lawrence W. Leighton	director	TANG XING SHU MA BUILDING, SUITE 418, TANG XING ROAD, XIAN, SHAANXI PROVINCE F4 710065
Xiaogang Zhu	officer: Chief Financial Officer	SUITE 909, TOWER B, CHANG AN INTL BLDG, NO. 88 NAN GUAN ZHEN XIE, XI AN CITY, SHAN XI PROVINCE F4 710068

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