GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Novatek Microelectronics Corp (TPE:3034) » Definitions » Accounts Payable & Accrued Expense

Novatek Microelectronics (TPE:3034) Accounts Payable & Accrued Expense : NT$21,149 Mil (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Novatek Microelectronics Accounts Payable & Accrued Expense?

Novatek Microelectronics's quarterly accounts payable & accrued expense declined from Jun. 2023 (NT$44,662 Mil) to Sep. 2023 (NT$20,421 Mil) but then increased from Sep. 2023 (NT$20,421 Mil) to Dec. 2023 (NT$21,149 Mil).

Novatek Microelectronics's annual accounts payable & accrued expense declined from Dec. 2021 (NT$35,108 Mil) to Dec. 2022 (NT$17,801 Mil) but then increased from Dec. 2022 (NT$17,801 Mil) to Dec. 2023 (NT$21,149 Mil).


Novatek Microelectronics Accounts Payable & Accrued Expense Historical Data

The historical data trend for Novatek Microelectronics'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.

* Premium members only.

Novatek Microelectronics Accounts Payable & Accrued Expense Chart

Novatek Microelectronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,565.92 16,942.94 35,108.33 17,800.70 21,148.60

Novatek Microelectronics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,800.70 19,996.72 44,662.38 20,420.92 21,148.60

Novatek Microelectronics 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.


Novatek Microelectronics (TPE:3034) Business Description

Traded in Other Exchanges
N/A
Address
No.13, Innovation Road I, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30076
Novatek Microelectronics Corp is a chip design company specializing in the design, development, and sales of a wide range of display driver ICs and SoC solutions for all display and audio/video applications. The group is mainly engaged in researching, developing, manufacturing, and sales of integrated circuit chips speech, communication, computer peripherals, LCD driver IC system, embedded MCU, DSP, and systems. The firm generates the majority of its revenue from countries across Asia, and the rest comes from Taiwan and others.

Novatek Microelectronics (TPE:3034) Headlines

No Headlines