Largan Precision Co (TPE:3008) Accounts Payable & Accrued Expense : NT$36,772 Mil (As of Mar. 2024)

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What is Largan Precision Co Accounts Payable & Accrued Expense?

Largan Precision Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$28,479 Mil) to Dec. 2023 (NT$29,379 Mil) and increased from Dec. 2023 (NT$29,379 Mil) to Mar. 2024 (NT$36,772 Mil).

Largan Precision Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$32,589 Mil) to Dec. 2022 (NT$29,188 Mil) but then increased from Dec. 2022 (NT$29,188 Mil) to Dec. 2023 (NT$29,379 Mil).

Largan Precision Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Largan Precision 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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Largan Precision Co Accounts Payable & Accrued Expense Chart

Largan Precision Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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26,808.83

29,790.34

32,589.18

29,188.45

29,378.69

Largan Precision 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															36,280.04	27,108.69	28,478.79	29,378.69	36,771.89

Largan Precision 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.

Largan Precision Co (TPE:3008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Largan Precision Co Ltd (TPE:3008) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 11, Jingke Road, Nantun District, Taichung, TWN, 40852

Website

http://www.largan.com.tw

Largan Precision is the leader in optical lens technology and the world's largest handset lensmaker by value. The company boasts almost 30 years of experience in the production of optical lenses, namely, plastic aspherical lenses, which are widely used to manufacture smartphone cameras. It is a major supplier of high-end handset camera lenses to global smartphone brands such as Apple and Samsung. The firm also produces optical lenses for various applications such as for automobiles, digital cameras, and extended reality headsets. Largan was co-founded in 1987 by Scott Lin, whose sons Lin En Ping and Lin En Zhou serve as the current CEO and Chairman, respectively. Largan is headquartered and mainly operates in Taichung City, Taiwan and employs 7,704 people as of 2023.

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