Shinkong Synthetic Fiber (TPE:1409) Accounts Payable & Accrued Expense : NT$15,449 Mil (As of Mar. 2024)

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What is Shinkong Synthetic Fiber Accounts Payable & Accrued Expense?

Shinkong Synthetic Fiber's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$9,662 Mil) to Dec. 2023 (NT$11,802 Mil) and increased from Dec. 2023 (NT$11,802 Mil) to Mar. 2024 (NT$15,449 Mil).

Shinkong Synthetic Fiber's annual accounts payable & accrued expense declined from Dec. 2021 (NT$15,100 Mil) to Dec. 2022 (NT$10,115 Mil) but then increased from Dec. 2022 (NT$10,115 Mil) to Dec. 2023 (NT$11,802 Mil).

Shinkong Synthetic Fiber Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shinkong Synthetic Fiber'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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Shinkong Synthetic Fiber Accounts Payable & Accrued Expense Chart

Shinkong Synthetic Fiber Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8,441.23

13,868.25

15,099.90

10,114.63

11,802.41

Shinkong Synthetic Fiber 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															11,863.42	13,945.76	9,661.80	11,802.41	15,449.35

Shinkong Synthetic Fiber 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.

Shinkong Synthetic Fiber (TPE:1409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shinkong Synthetic Fiber Corp (TPE:1409) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 136, Ren Ai Road, Section 3, Lotus Building, 5th Floor, Da An District, Taipei, TWN, 10657

Website

http://www.shinkong.com.tw

Shinkong Synthetic Fiber Corp is a Taiwan-based company that is principally engaged in the production and distribution of chemical fiber products and plastic products. The company's chemical fiber products include polyester staple fibers, polyester filaments, industrial yarn, draw textured yarn, and others. The plastic products consist of polyester resin, bottle grade resin, PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. The company generates the majority of its total revenue from chemical fiber products and plastic products. The company mainly conducts operations in Asia and Europe and generates the majority of its total revenue from the Asia market.

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