Kenda Rubber Industrial Co (TPE:2106) Accounts Payable & Accrued Expense : NT$5,165 Mil (As of Mar. 2024)

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What is Kenda Rubber Industrial Co Accounts Payable & Accrued Expense?

Kenda Rubber Industrial Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$4,207 Mil) to Dec. 2023 (NT$3,981 Mil) but then increased from Dec. 2023 (NT$3,981 Mil) to Mar. 2024 (NT$5,165 Mil).

Kenda Rubber Industrial Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$5,912 Mil) to Dec. 2022 (NT$4,295 Mil) and declined from Dec. 2022 (NT$4,295 Mil) to Dec. 2023 (NT$3,981 Mil).

Kenda Rubber Industrial Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kenda Rubber Industrial 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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Kenda Rubber Industrial Co Accounts Payable & Accrued Expense Chart

Kenda Rubber Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,215.07

4,588.71

5,912.15

4,295.03

3,980.73

Kenda Rubber Industrial 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															4,398.27	4,375.82	4,206.62	3,980.73	5,165.36

Kenda Rubber Industrial 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.

Kenda Rubber Industrial Co (TPE:2106) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kenda Rubber Industrial Co Ltd (TPE:2106) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongshan Road, No. 146, Section 1, Changhua County, Yuanlin, TWN

Website

https://www.kendatire.com

Kenda Rubber Industrial Co Ltd. manufactures and sells tires under a host of different brands. Its product portfolio includes options for automobiles, bicycles, powersport vehicles, specialty vehicles, and wheelchairs. Based out of Asia, the company reaches a host of international clients through facilities located in Europe, North America, and several Asian countries. Tires are built to meet a range of specifications, such as fuel economy and performance. Kenda's tire options are also built to pass a multitude of international regulations and environmental conditions.

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