Namhae Chemical (XKRX:025860) Accounts Payable & Accrued Expense : ₩81,484 Mil (As of Mar. 2024)

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What is Namhae Chemical Accounts Payable & Accrued Expense?

Namhae Chemical's quarterly accounts payable & accrued expense increased from Sep. 2023 (₩97,843 Mil) to Dec. 2023 (₩105,228 Mil) but then declined from Dec. 2023 (₩105,228 Mil) to Mar. 2024 (₩81,484 Mil).

Namhae Chemical's annual accounts payable & accrued expense increased from Dec. 2021 (₩114,174 Mil) to Dec. 2022 (₩162,116 Mil) but then declined from Dec. 2022 (₩162,116 Mil) to Dec. 2023 (₩105,228 Mil).

Namhae Chemical Accounts Payable & Accrued Expense Historical Data

The historical data trend for Namhae Chemical'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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Namhae Chemical Accounts Payable & Accrued Expense Chart

Namhae Chemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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62,627.16

59,017.12

114,173.71

162,116.50

105,227.69

Namhae Chemical 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															73,942.99	59,996.02	97,842.99	105,227.69	81,484.16

Namhae Chemical 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.

Namhae Chemical (XKRX:025860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Namhae Chemical Corp (XKRX:025860) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1384 Yeosudandan-ro, Jeonnam, Yeosu-si, KOR, 59618

Website

http://www.nhchem.co.kr

Namhae Chemical Corp engaged in the manufacture and sale of agricultural and chemical products. It operates through various divisions namely; Fertilizer, Chemical, and Oil. The Fertilizer and Chemical business division produces and sells inorganic, compound, and phosphoric acid fertilizers, as well as chemicals such as ammonia, sulfuric acid, gypsum, and calcium phosphate. The Oil business division offers petroleum, gas, oil, and kerosene. All the business activity is functioned through the region of South Korea.

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