Sinopec Oilfield Service (Sinopec Oilfield Service) Accounts Payable & Accrued Expense : $5,630 Mil (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Sinopec Oilfield Service Accounts Payable & Accrued Expense?

Sinopec Oilfield Service's quarterly accounts payable & accrued expense increased from Sep. 2023 ($5,330 Mil) to Dec. 2023 ($5,661 Mil) but then declined from Dec. 2023 ($5,661 Mil) to Mar. 2024 ($5,630 Mil).

Sinopec Oilfield Service's annual accounts payable & accrued expense increased from Dec. 2021 ($5,280 Mil) to Dec. 2022 ($5,435 Mil) and increased from Dec. 2022 ($5,435 Mil) to Dec. 2023 ($5,661 Mil).

Sinopec Oilfield Service Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sinopec Oilfield Service'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 Service Accounts Payable & Accrued Expense Chart

Sinopec Oilfield Service Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

3,969.16

4,541.82

5,279.69

5,434.66

5,661.23

Sinopec Oilfield Service 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															5,434.81	5,296.92	5,330.06	5,661.23	5,629.54

Sinopec Oilfield Service 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 Service (Sinopec Oilfield Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Oilfield Service Corp (OTCPK:YZCFF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

01033:Hong Kong YIZH:Germany 600871:China

Address

No. 9 Jishikou Road, Changyang District, Beijing, CHN, 100728

Website

https://ssc.sinopec.com

Sinopec Oilfield Service Corp engages in the provision of onshore and offshore oil and natural gas, exploration, provision of contracting, design, and construction services for the oil and gas projects. It operates through five segments: Geophysics, which provides technical and development, exploration geophysical services; Drilling engineering segment, which provides drilling design, and construction, technical services; Logging and mud logging segment; Special downhole segment, which provides oil engineering technical and construction services; and Engineering construction segment, which provides a package of services, including feasibility studies, procurement, and others. Its geographical segments are, The PRC, Middle East and Other countries.

Sinopec Oilfield Service (Sinopec Oilfield Service) Headlines

No Headlines