Xinjiang Beiken Energy Engineering Co (SZSE:002828) Accounts Payable & Accrued Expense : ¥607 Mil (As of Mar. 2024)

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What is Xinjiang Beiken Energy Engineering Co Accounts Payable & Accrued Expense?

Xinjiang Beiken Energy Engineering Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥646 Mil) to Dec. 2023 (¥576 Mil) but then increased from Dec. 2023 (¥576 Mil) to Mar. 2024 (¥607 Mil).

Xinjiang Beiken Energy Engineering Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥838 Mil) to Dec. 2022 (¥657 Mil) and declined from Dec. 2022 (¥657 Mil) to Dec. 2023 (¥576 Mil).

Xinjiang Beiken Energy Engineering Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinjiang Beiken Energy Engineering 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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Xinjiang Beiken Energy Engineering Co Accounts Payable & Accrued Expense Chart

Xinjiang Beiken Energy Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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976.28

853.37

837.98

657.34

576.07

Xinjiang Beiken Energy Engineering 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															599.11	617.72	645.81	576.07	607.37

Xinjiang Beiken Energy Engineering 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.

Xinjiang Beiken Energy Engineering Co (SZSE:002828) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Xinjiang Beiken Energy Engineering Co Ltd (SZSE:002828) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.91, Gateway Road, Baijiantan District, Xinjiang Uygur Autonomous Region, Karamay, CHN, 834009

Website

http://www.beiken.com

Xinjiang Beiken Energy Engineering Co Ltd provides drilling engineering technical service and other oilfield technical services in the procedure of gas and oil exploration and development. It offers drilling, cementing, and drilling fluid service.

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