Perennial Energy Holdings (HKSE:02798) Accounts Payable & Accrued Expense : HK$566 Mil (As of Dec. 2023)

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What is Perennial Energy Holdings Accounts Payable & Accrued Expense?

Perennial Energy Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$840 Mil) to Jun. 2023 (HK$621 Mil) and declined from Jun. 2023 (HK$621 Mil) to Dec. 2023 (HK$566 Mil).

Perennial Energy Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$590 Mil) to Dec. 2022 (HK$840 Mil) but then declined from Dec. 2022 (HK$840 Mil) to Dec. 2023 (HK$566 Mil).

Perennial Energy Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Perennial Energy Holdings'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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Perennial Energy Holdings Accounts Payable & Accrued Expense Chart

Perennial Energy Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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170.39

436.42

589.69

839.94

565.80

Perennial Energy Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										589.69	795.03	839.94	621.42	565.80

Perennial Energy Holdings 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.

Perennial Energy Holdings (HKSE:02798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Perennial Energy Holdings Ltd (HKSE:02798) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PEZ:Germany

Address

Hongguo Economic Development Area, Office Building next to E' Lang Pu Leisure Square, Guizhou Province, Liupanshui, CHN

Website

https://www.perennialenergy.hk

Perennial Energy Holdings Ltd is a coal mining. The company operates two underground coal mines in the Songshan coalfield in western Panzhou City, Guizhou Province, the People's Republic of China, namely, the Hongguo Mine and the Baogushan Mine. The revenue of the company is derived from the production and sales of coal products including clean coal, middling coal, and sludge coal; and the sale of coalbed methane gas as well as subcontracting income on coal washing services for Bangda in the People's Republic of China.

Executives

Spring Snow Management Limited
Yu Bang Ping
Lucky Street Limited
Qu Liu Mei	2202 Interest of your spouse
Gain Resources Limited
Leung Ka Hung

Perennial Energy Holdings (HKSE:02798) Headlines

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