Sinopec Oilfield Equipment (SZSE:000852) Accounts Payable & Accrued Expense : ¥3,735 Mil (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Sinopec Oilfield Equipment Accounts Payable & Accrued Expense?

Sinopec Oilfield Equipment's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,894 Mil) to Dec. 2023 (¥3,760 Mil) and declined from Dec. 2023 (¥3,760 Mil) to Mar. 2024 (¥3,735 Mil).

Sinopec Oilfield Equipment's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,988 Mil) to Dec. 2022 (¥3,785 Mil) but then declined from Dec. 2022 (¥3,785 Mil) to Dec. 2023 (¥3,760 Mil).

Sinopec Oilfield Equipment Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sinopec Oilfield Equipment'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.

* Premium members only.

Sinopec Oilfield Equipment Accounts Payable & Accrued Expense Chart

Sinopec Oilfield Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

3,617.39

3,084.51

2,987.70

3,785.45

3,759.83

Sinopec Oilfield Equipment 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															3,698.70	3,926.90	3,893.70	3,759.83	3,735.27

Sinopec Oilfield Equipment 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.

Sinopec Oilfield Equipment (SZSE:000852) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Oilfield Equipment Corp (SZSE:000852) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Huagongyuan First Road, Donghu New Technology Development Zone, Miaoshan Community, Hubei, Wuhan, CHN, 430205

Website

http://sofe.sinopec.com

Sinopec Oilfield Equipment Corp is engaged in making petroleum drilling and mining equipment. It includes the development, sales, inspection, and maintenance services of drill bits, drilling tools, manifolds, valves, downhole tools, and instruments.

Executives

Zou Zhi Guo	Supervisors
Xie Yong Jin	Director
Yu Tian Jing	Supervisors
Hong Chun Ling	Executives
Meng Yong	Securities Affairs Representative

Sinopec Oilfield Equipment (SZSE:000852) Headlines

No Headlines