Yang Ming Marine Transport (TPE:2609) Accounts Payable & Accrued Expense : NT$30,511 Mil (As of Dec. 2023)

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What is Yang Ming Marine Transport Accounts Payable & Accrued Expense?

Yang Ming Marine Transport's quarterly accounts payable & accrued expense declined from Jun. 2023 (NT$98,653 Mil) to Sep. 2023 (NT$33,166 Mil) and declined from Sep. 2023 (NT$33,166 Mil) to Dec. 2023 (NT$30,511 Mil).

Yang Ming Marine Transport's annual accounts payable & accrued expense declined from Dec. 2021 (NT$56,828 Mil) to Dec. 2022 (NT$54,342 Mil) and declined from Dec. 2022 (NT$54,342 Mil) to Dec. 2023 (NT$30,511 Mil).

Yang Ming Marine Transport Accounts Payable & Accrued Expense Historical Data

The historical data trend for Yang Ming Marine Transport'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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Yang Ming Marine Transport Accounts Payable & Accrued Expense Chart

Yang Ming Marine Transport Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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16,760.81

20,695.45

56,828.09

54,342.22

30,511.18

Yang Ming Marine Transport 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															54,342.22	52,625.51	98,653.11	33,166.41	30,511.18

Yang Ming Marine Transport 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.

Yang Ming Marine Transport (TPE:2609) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yang Ming Marine Transport Corp (TPE:2609) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 271, Ming De 1st Road, Qidu District, Keelung, TWN, 206

Website

https://www.yangming.com

Yang Ming Marine Transport Corp is a transportation and logistics company that is headquartered in Taiwan and operates in the container shipping industry. The company has three segments: containership, bulk shipping, and others. It generates revenue from contracts with customers for providing domestic and overseas marine container shipping and passenger services. The company also earns revenue from operating leases on ships, containers, and warehouses. It earns the largest portion of its sales from customers in America, followed by Europe and Asia.

Yang Ming Marine Transport (TPE:2609) Headlines

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