Sitronix Technology (TPE:8016) Accounts Payable & Accrued Expense : NT$6,171 Mil (As of Mar. 2024)

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What is Sitronix Technology Accounts Payable & Accrued Expense?

Sitronix Technology's quarterly accounts payable & accrued expense declined from Jun. 2023 (NT$6,777 Mil) to Sep. 2023 (NT$3,704 Mil) but then increased from Sep. 2023 (NT$3,704 Mil) to Mar. 2024 (NT$6,171 Mil).

Sitronix Technology's annual accounts payable & accrued expense increased from Dec. 2020 (NT$3,454 Mil) to Dec. 2021 (NT$5,679 Mil) but then declined from Dec. 2021 (NT$5,679 Mil) to Dec. 2022 (NT$3,830 Mil).

Sitronix Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sitronix Technology'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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Sitronix Technology Accounts Payable & Accrued Expense Chart

Sitronix Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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2,224.84

3,208.69

3,453.81

5,678.78

3,830.21

Sitronix Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,830.21	6,365.46	6,777.28	3,703.97	6,171.33

Sitronix Technology 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.

Sitronix Technology (TPE:8016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sitronix Technology Corp (TPE:8016) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Taiyuan 1st Street, 11th Floor-1, Hsinchu County, Jhubei, TWN, 302

Website

https://www.sitronix.com.tw

Sitronix Technology Corp is a Taiwan-based fabless semiconductor company that is principally engaged in developing, manufacturing, and selling display driver ICs. The company's major products are categorized into three types: mobile display driver ICs; industrial and automotive display driver ICs; and SoC, which refers to touch controller ICs. The company's products are mainly used in entry-level mobile phones, industrial displays, and automotive systems. Mobile display driver ICs account for over half of total revenue. The company has a business presence in Hong Kong, Vietnam, Taiwan, Korea, China and others.

Sitronix Technology (TPE:8016) Headlines

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