Gamsung Co (XKRX:036620) Accounts Payable & Accrued Expense : ₩21,130 Mil (As of Mar. 2024)

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What is Gamsung Co Accounts Payable & Accrued Expense?

Gamsung Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (₩19,770 Mil) to Dec. 2023 (₩18,899 Mil) but then increased from Dec. 2023 (₩18,899 Mil) to Mar. 2024 (₩21,130 Mil).

Gamsung Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩4,488 Mil) to Dec. 2022 (₩15,179 Mil) and increased from Dec. 2022 (₩15,179 Mil) to Dec. 2023 (₩18,899 Mil).

Gamsung Co Accounts Payable & Accrued Expense Historical Data

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

Gamsung Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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359.51

965.72

4,488.06

15,179.35

18,899.49

Gamsung 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															13,110.49	8,914.88	19,770.49	18,899.49	21,130.29

Gamsung 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.

Gamsung Co (XKRX:036620) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gamsung Corp Co Ltd (XKRX:036620) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

162, Bangbae-ro, 4th Floor, Yegwang Building, Seocho-gu, Bangbae-dong, Seoul, KOR, 110-752

Website

http://www.virtualtek.co.kr

Gamsung Corp Co Ltd, formerlyVirtualTek Corp is involved in providing information technology (IT) and groupware development services. It is also focused on fuel cell power generation, mobile charging systems, and wastepaper products trading businesses. In addition, the company offers IT consulting and outsourcing, system integration, system construction consulting, and customized system development, as well as systems management, operation, and maintenance services; and operates as a distributor and service provider of related software and hardware.

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