Silk Road Energy Services Group (HKSE:08250) Accounts Payable & Accrued Expense : HK$57 Mil (As of Dec. 2023)

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What is Silk Road Energy Services Group Accounts Payable & Accrued Expense?

Silk Road Energy Services Group's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$92 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$57 Mil).

Silk Road Energy Services Group's annual accounts payable & accrued expense declined from Jun. 2021 (HK$26 Mil) to Jun. 2022 (HK$26 Mil) but then increased from Jun. 2022 (HK$26 Mil) to Jun. 2023 (HK$92 Mil).

Silk Road Energy Services Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Silk Road Energy Services Group'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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Silk Road Energy Services Group Accounts Payable & Accrued Expense Chart

Silk Road Energy Services Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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28.66

24.50

26.47

25.75

91.94

Silk Road Energy Services Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															67.45	-	91.94	-	56.97

Silk Road Energy Services Group 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.

Silk Road Energy Services Group (HKSE:08250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Silk Road Energy Services Group Ltd (HKSE:08250) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

166 -168 Gloucester Road, 16th Floor, Sing Ho Financial Building, Hong Kong, HKG

Website

https://www.silkroadenergy.com.hk

Silk Road Energy Services Group Ltd is a Hong Kong-based investment holding company involved in the coal mining business. It operates through given segments Trading fresh produce products, Coal mining and construction services, Money lending and Heating supply services. Its business is spread across Hong Kong, the People's Republic of China, and Mongolia. The majority of the revenue is contributed by Trading of fresh produce products.

Executives

Xu Gongming	2201 Interest of corporation controlled by you
Hong Shu Wan Tou Zi Ji Tuan Guo Ji You Xian Gong Si	2101 Beneficial owner
Yan Weiwei	2201 Interest of corporation controlled by you
Xing Lian Ke Ji You Xian Gong Si	2101 Beneficial owner
Wei Kai	2101 Beneficial owner
Chen Ying	2101 Beneficial owner
Liao Xiaofang	2101 Beneficial owner

Silk Road Energy Services Group (HKSE:08250) Headlines

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