Turquoise Hill Resources Accounts Payable

Turquoise Hill Resources posts a accounts payable of $340M as of September 2022. That compares with $300M in the prior-year period — up 13.9% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Turquoise Hill Resources's accounts payable was $300M. The latest reading is $340M — a 13.9% year-over-year increase (period ending September 2022). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of Turquoise Hill Resources's financial statement story. At $340M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for TRQ's accounts payable usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Turquoise Hill Resources's other metric pages and overview cover the third.

Judging Turquoise Hill Resources against Materials peers is usually better than using a market-wide rule of thumb. Business models inside Materials are more comparable, which makes gaps in accounts payable easier to interpret. Start with $340M here, then scan peer and history charts to see if the gap is persistent.