MITAC Holdings (TPE:3706) Accounts Payable & Accrued Expense : NT$16,663 Mil (As of Dec. 2023)

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What is MITAC Holdings Accounts Payable & Accrued Expense?

MITAC Holdings's quarterly accounts payable & accrued expense increased from Jun. 2023 (NT$11,670 Mil) to Sep. 2023 (NT$12,902 Mil) and increased from Sep. 2023 (NT$12,902 Mil) to Dec. 2023 (NT$16,663 Mil).

MITAC Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (NT$11,329 Mil) to Dec. 2022 (NT$11,017 Mil) but then increased from Dec. 2022 (NT$11,017 Mil) to Dec. 2023 (NT$16,663 Mil).

MITAC Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for MITAC Holdings'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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MITAC Holdings Accounts Payable & Accrued Expense Chart

MITAC Holdings Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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9,606.47

10,489.81

11,329.23

11,016.80

16,663.01

MITAC Holdings 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															11,016.80	13,243.29	11,670.36	12,902.45	16,663.01

MITAC Holdings 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.

MITAC Holdings (TPE:3706) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MITAC Holdings Corp (TPE:3706) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 202, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33383

Website

https://www.mitac.com

MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group build application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.

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