Ideal Bike (ROCO:8933) Accounts Payable & Accrued Expense : NT$493 Mil (As of Mar. 2024)

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What is Ideal Bike Accounts Payable & Accrued Expense?

Ideal Bike's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$789 Mil) to Dec. 2023 (NT$606 Mil) and declined from Dec. 2023 (NT$606 Mil) to Mar. 2024 (NT$493 Mil).

Ideal Bike's annual accounts payable & accrued expense declined from Dec. 2021 (NT$1,136 Mil) to Dec. 2022 (NT$1,134 Mil) and declined from Dec. 2022 (NT$1,134 Mil) to Dec. 2023 (NT$606 Mil).

Ideal Bike Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ideal Bike'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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Ideal Bike Accounts Payable & Accrued Expense Chart

Ideal Bike Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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788.72

1,013.64

1,136.03

1,133.67

606.45

Ideal Bike 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															783.41	813.82	789.28	606.45	493.16

Ideal Bike 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.

Ideal Bike (ROCO:8933) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ideal Bike Corp (ROCO:8933) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 497, Gangbu Road, Section 1, Wuqi District, Taichung City, TWN, 435

Website

https://www.idealbike.com.tw

Ideal Bike Corp is engaged in manufacturing and selling of bicycles. It offers indoor and outdoor sports cars, baby carriages, mini scooters, and parts. The company also manufactures agricultural machinery, steam locomotives, ships, aircraft, and other parts. Its reportable segments involve the Manufacturing (OEM) segment and Other segments.

Ideal Bike (ROCO:8933) Headlines

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