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LG (XKRX:003550) Accounts Payable & Accrued Expense : ₩1,494,807 Mil (As of Dec. 2023)


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What is LG Accounts Payable & Accrued Expense?

LG's quarterly accounts payable & accrued expense increased from Jun. 2023 (₩1,052,624 Mil) to Sep. 2023 (₩1,071,056 Mil) and increased from Sep. 2023 (₩1,071,056 Mil) to Dec. 2023 (₩1,494,807 Mil).

LG's annual accounts payable & accrued expense increased from Dec. 2021 (₩1,428,415 Mil) to Dec. 2022 (₩1,487,801 Mil) and increased from Dec. 2022 (₩1,487,801 Mil) to Dec. 2023 (₩1,494,807 Mil).


LG Accounts Payable & Accrued Expense Historical Data

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

LG 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 1,466,577.00 1,453,170.00 1,428,415.00 1,487,801.00 1,494,807.00

LG 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 1,487,801.00 1,524,773.00 1,052,624.00 1,071,056.00 1,494,807.00

LG 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.


LG (XKRX:003550) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Corp (XKRX:003550) » Definitions » Accounts Payable & Accrued Expense
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Address
LG Twin Tower, 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 150-721
LG Corp is a South Korea-based holding company that is principally engaged in electronics, chemicals, telecommunications, and services businesses. The company operates business through a number of affiliated companies, including LG Electronics, LG Display, LG Innotek, LG Siltron, and others in the electronics industry; LG Chem, LG Household and Health Care, LG Life Sciences, and others in the chemicals industry; and LG N-Sys, LG CNS, LG Sports, and others in the telecommunication and services industry. The company has a business presence in North America, Europe, Middle East, Africa, the Commonwealth of Independent States (Kazakhstan, Russia, Turkmenistan, Ukraine), Asia-Pacific, and Latin America.

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