Advice IT Infinite PCL (BKK:ADVICE) Accounts Payable & Accrued Expense : ฿1,734 Mil (As of Sep. 2023)

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What is Advice IT Infinite PCL Accounts Payable & Accrued Expense?

Advice IT Infinite PCL's quarterly accounts payable & accrued expense increased from Sep. 2022 (฿0 Mil) to Dec. 2022 (฿1,609 Mil) and increased from Dec. 2022 (฿1,609 Mil) to Sep. 2023 (฿1,734 Mil).

Advice IT Infinite PCL's annual accounts payable & accrued expense increased from Dec. 2020 (฿1,290 Mil) to Dec. 2021 (฿1,850 Mil) but then declined from Dec. 2021 (฿1,850 Mil) to Dec. 2022 (฿1,609 Mil).

Advice IT Infinite PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advice IT Infinite PCL'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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Advice IT Infinite PCL Accounts Payable & Accrued Expense Chart

Advice IT Infinite PCL Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

1,289.67

1,850.37

1,608.99

Advice IT Infinite PCL Quarterly Data
	Dec21	Sep22	Dec22	Sep23
Accounts Payable & Accrued Expense	1,850.37	-	1,608.99	1,734.16

Advice IT Infinite PCL 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.

Advice IT Infinite PCL (BKK:ADVICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advice IT Infinite PCL (BKK:ADVICE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

74/1 Moo 1, Tha It Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA

Website

https://www.advice.co.th

Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.

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