LG Chem (XKRX:051910) Accounts Payable & Accrued Expense : ₩9,068,298 Mil (As of Dec. 2023)

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What is LG Chem Accounts Payable & Accrued Expense?

LG Chem's quarterly accounts payable & accrued expense increased from Jun. 2023 (₩9,458,541 Mil) to Sep. 2023 (₩9,648,372 Mil) but then declined from Sep. 2023 (₩9,648,372 Mil) to Dec. 2023 (₩9,068,298 Mil).

LG Chem's annual accounts payable & accrued expense increased from Dec. 2021 (₩8,691,592 Mil) to Dec. 2022 (₩10,282,025 Mil) but then declined from Dec. 2022 (₩10,282,025 Mil) to Dec. 2023 (₩9,068,298 Mil).

LG Chem Accounts Payable & Accrued Expense Historical Data

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

LG Chem Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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6,607,377.00

9,098,744.00

8,691,592.00

10,282,025.00

9,068,298.00

LG Chem 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															10,282,025.00	10,742,980.00	9,458,541.00	9,648,372.00	9,068,298.00

LG Chem 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 Chem (XKRX:051910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LG Chem Ltd (XKRX:051910) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

051915:Korea

Address

LG Twin Towers, 128, Yeoui-daero, Youngdungpo-gu, Seoul, KOR, 150-721

Website

http://www.lgchem.com

LG Chem Ltd manufactures and sells a variety of chemicals, electronics, and energy storage products. The company operates in three major segments: Basic Materials & Chemicals, IT & Electronic Materials, and Energy Solutions. The Basic Materials & Chemicals segment, which generates the majority of revenue, sells plastics including naphtha, polyvinyl chloride (PVC), engineered plastics, and polyolefin, as well as rubber-based products. The IT & Electronic Materials segment sells a range of products that includes optical and circuit board materials. The Energy Solutions segment sells mobile and automotive batteries and energy storage systems. LG Corporation is the company's largest shareholder, owning around one third of outstanding shares. The majority of revenue comes from Asia.

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