Goldfine Manufacturers (BKK:GFM-R) Accounts Payable & Accrued Expense: ฿60.41 Mil (As of Sep. 2014)

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Director of Data and Quant Analytics at GuruFocus
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What is Goldfine Manufacturers Accounts Payable & Accrued Expense?

Goldfine Manufacturers BKK:GFM-R Accounts Payable & Accrued Expense is ฿60.41 Mil as of Sep. 2014. The stock has 3 warning signs investors should review.

Goldfine Manufacturers's quarterly accounts payable & accrued expense declined from Mar. 2014 (฿85.45 Mil) to Jun. 2014 (฿70.75 Mil) and declined from Jun. 2014 (฿70.75 Mil) to Sep. 2014 (฿60.41 Mil).

Goldfine Manufacturers's annual accounts payable & accrued expense declined from Dec. 2011 (฿97.13 Mil) to Dec. 2012 (฿58.79 Mil) but then increased from Dec. 2012 (฿58.79 Mil) to Dec. 2013 (฿66.16 Mil).

Goldfine Manufacturers Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Goldfine Manufacturers'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.

Goldfine Manufacturers Accounts Payable & Accrued Expense Chart

Goldfine Manufacturers Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 70.90 86.02 97.13 58.79 66.16

Goldfine Manufacturers Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 64.09 66.16 85.45 70.75 60.41

Goldfine Manufacturers 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.

What does a Accounts Payable & Accrued Expense of ฿60.41 Mil mean?
Goldfine Manufacturers (BKK:GFM-R) has a Accounts Payable & Accrued Expense of ฿60.41 Mil as of Sep. 2014. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Goldfine Manufacturers and its competitors.
Is Goldfine Manufacturers' Accounts Payable & Accrued Expense too high?
Goldfine Manufacturers' current Accounts Payable & Accrued Expense is ฿60.41 Mil.
How does Goldfine Manufacturers' Accounts Payable & Accrued Expense compare to competitors?
Goldfine Manufacturers' Accounts Payable & Accrued Expense of ฿60.41 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Retail - Cyclical company?
A good Accounts Payable & Accrued Expense depends on the Retail - Cyclical industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Goldfine Manufacturers and its competitors. Goldfine Manufacturers's current Accounts Payable & Accrued Expense is ฿60.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldfine Manufacturers stock overvalued right now?
Goldfine Manufacturers (BKK:GFM-R) has a current Accounts Payable & Accrued Expense of ฿60.41 Mil. The current Accounts Payable & Accrued Expense is ฿60.41 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Goldfine Manufacturers (BKK:GFM-R), the current Accounts Payable & Accrued Expense is ฿60.41 Mil as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Goldfine Manufacturers Business Description

Goldfine Manufacturers Public Company Limited was incorporated on 26 September 1989 in Thailand. The Company is a manufacturer, importer and exporter of ornaments and jewelries. It manufactures and exports gold, silver, platinum jewelry sets with diamonds, precious stones, semi-precious stones and others.