China Fineblanking Technology Co (ROCO:1586) Accounts Payable & Accrued Expense : NT$681 Mil (As of Mar. 2024)

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What is China Fineblanking Technology Co Accounts Payable & Accrued Expense?

China Fineblanking Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$589 Mil) to Dec. 2023 (NT$740 Mil) but then declined from Dec. 2023 (NT$740 Mil) to Mar. 2024 (NT$681 Mil).

China Fineblanking Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$823 Mil) to Dec. 2022 (NT$669 Mil) but then increased from Dec. 2022 (NT$669 Mil) to Dec. 2023 (NT$740 Mil).

China Fineblanking Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Fineblanking Technology 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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China Fineblanking Technology Co Accounts Payable & Accrued Expense Chart

China Fineblanking Technology Co Annual Data

Trend

Dec14

Dec15

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Dec18

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Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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683.11

757.06

823.14

669.27

740.38

China Fineblanking Technology 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															595.40	570.79	589.14	740.38	680.57

China Fineblanking Technology 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.

China Fineblanking Technology Co (ROCO:1586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Fineblanking Technology Co Ltd (ROCO:1586) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.40, Xinggong Road, Shengang Township, Changhua County, Chang Hua, TWN, 51648

Website

https://www.cftc-hc.com.tw

China Fineblanking Technology Co Ltd is engaged in the processing and manufacturing of various types of electronic and automotive parts. It is also engaged in on-electrolytic nickel plating surface treatment, double grinding, heat treatment, CNC machining, and gear machining. The Group has three reportable segments: HDD parts, Vehicle parts, and, Management and operation. The key revenue generator is the Vehicle Parts segment. It produces and sells vehicle parts.

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