S-Oil (XKRX:010950) Accounts Payable & Accrued Expense : ₩6,177,017 Mil (As of Dec. 2023)

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What is S-Oil Accounts Payable & Accrued Expense?

S-Oil's quarterly accounts payable & accrued expense increased from Jun. 2023 (₩4,189,206 Mil) to Sep. 2023 (₩5,308,263 Mil) and increased from Sep. 2023 (₩5,308,263 Mil) to Dec. 2023 (₩6,177,017 Mil).

S-Oil's annual accounts payable & accrued expense increased from Dec. 2021 (₩5,366,188 Mil) to Dec. 2022 (₩5,369,455 Mil) and increased from Dec. 2022 (₩5,369,455 Mil) to Dec. 2023 (₩6,177,017 Mil).

S-Oil Accounts Payable & Accrued Expense Historical Data

The historical data trend for S-Oil'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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S-Oil Accounts Payable & Accrued Expense Chart

S-Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,706,921.00

3,697,032.00

5,366,188.00

5,369,455.00

6,177,017.00

S-Oil 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															5,369,455.00	5,201,873.00	4,189,206.00	5,308,263.00	6,177,017.00

S-Oil 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.

S-Oil (XKRX:010950) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » S-Oil Corp (XKRX:010950) » Definitions » Accounts Payable & Accrued Expense

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010955:Korea

Address

192 Baekbeom-ro, Mapo-gu, Seoul, KOR, 04196

Website

http://www.s-oil.com

S-Oil is an integrated energy company that operates a refinery, petrochemical, and lube oil business. Revenue is primarily derived from refining operations, with the majority of sales from Asian countries. Refining operations include a cracking center, which is used for replacement and low sulfurization of all products that actively respond to changes in market conditions. The company exports ultra-low-sulfur diesel fuel, processed to meet environmental regulations around the world. Other products from S-Oil facilities include LPG, naphtha, kerosene/diesel, B-C oil, and other crude oil byproducts.

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