Advanced Information Technology PCL (BKK:AIT) Accounts Payable & Accrued Expense : ฿1,702 Mil (As of Mar. 2024)

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What is Advanced Information Technology PCL Accounts Payable & Accrued Expense?

Advanced Information Technology PCL's quarterly accounts payable & accrued expense declined from Sep. 2023 (฿1,828 Mil) to Dec. 2023 (฿1,723 Mil) and declined from Dec. 2023 (฿1,723 Mil) to Mar. 2024 (฿1,702 Mil).

Advanced Information Technology PCL's annual accounts payable & accrued expense increased from Dec. 2021 (฿1,716 Mil) to Dec. 2022 (฿1,812 Mil) but then declined from Dec. 2022 (฿1,812 Mil) to Dec. 2023 (฿1,723 Mil).

Advanced Information Technology PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advanced Information Technology 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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Advanced Information Technology PCL Accounts Payable & Accrued Expense Chart

Advanced Information Technology PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,576.64

2,339.17

1,716.15

1,811.69

1,723.41

Advanced Information Technology PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,875.90	1,784.64	1,828.42	1,723.41	1,702.20

Advanced Information Technology 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.

Advanced Information Technology PCL (BKK:AIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advanced Information Technology PCL (BKK:AIT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

37/2 Suthisarnvinijchai Road, Samsaennok, Huaykwang, Bangkok, THA, 10320

Website

https://www.ait.co.th

Advanced Information Technology PCL is engaged in the sale, design, installation, service, ongoing repair and maintenance, training, lump-sum turnkey for information and communication technology network systems, and the renting of computers and electronic equipment. The company operates in two business segments: Sales and Service and revenue from construction contracts; and Rental of Equipment. The majority of its revenue comes from Sale and Service and Revenue from the construction contracts segment. The company offers its services only to the Thailand region.