Samwon Steel Co (XKRX:023000) Accounts Payable & Accrued Expense : ₩55,869 Mil (As of Dec. 2023)

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What is Samwon Steel Co Accounts Payable & Accrued Expense?

Samwon Steel Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (₩46,980 Mil) to Sep. 2023 (₩52,163 Mil) and increased from Sep. 2023 (₩52,163 Mil) to Dec. 2023 (₩55,869 Mil).

Samwon Steel Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩46,936 Mil) to Dec. 2022 (₩57,882 Mil) but then declined from Dec. 2022 (₩57,882 Mil) to Dec. 2023 (₩55,869 Mil).

Samwon Steel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Samwon Steel 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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Samwon Steel Co Accounts Payable & Accrued Expense Chart

Samwon Steel Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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28,661.60

39,500.32

46,936.36

57,881.56

55,868.63

Samwon Steel Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															57,881.56	55,608.31	46,979.63	52,162.85	55,868.63

Samwon Steel 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.

Samwon Steel Co (XKRX:023000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Samwon Steel Co Ltd (XKRX:023000) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

752, Daegak-ri, Daesong-Myeon, Nam-Gu, Gyeongsangbuk-do, Pohang, North Gyeongsang, KOR, 790-841

Website

http://www.samwon-steel.co.kr

Samwon Steel Co Ltd is a South Korea based supplier of spring materials. The company manufactures laminated springs, wire rod, torsion bars, steel pipes for automobiles. It is also engaged in research and development of lightweight and high-stress resistant materials.

Samwon Steel Co (XKRX:023000) Headlines

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