POSCO-Thainox PCL (BKK:INOX) Accounts Payable & Accrued Expense : ฿2,470 Mil (As of Mar. 2024)

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What is POSCO-Thainox PCL Accounts Payable & Accrued Expense?

POSCO-Thainox PCL's quarterly accounts payable & accrued expense increased from Sep. 2023 (฿1,924 Mil) to Dec. 2023 (฿2,430 Mil) and increased from Dec. 2023 (฿2,430 Mil) to Mar. 2024 (฿2,470 Mil).

POSCO-Thainox PCL's annual accounts payable & accrued expense declined from Dec. 2021 (฿3,716 Mil) to Dec. 2022 (฿2,174 Mil) but then increased from Dec. 2022 (฿2,174 Mil) to Dec. 2023 (฿2,430 Mil).

POSCO-Thainox PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for POSCO-Thainox 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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POSCO-Thainox PCL Accounts Payable & Accrued Expense Chart

POSCO-Thainox PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,475.15

1,719.97

3,716.44

2,174.04

2,430.46

POSCO-Thainox 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															2,859.36	3,037.61	1,924.32	2,430.46	2,469.83

POSCO-Thainox 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.

POSCO-Thainox PCL (BKK:INOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » POSCO-Thainox PCL (BKK:INOX) » Definitions » Accounts Payable & Accrued Expense

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Address

Sukhumvit Road, 622 Emporium Tower, Floor 15/6-8, Klongton, Klongtoey, Bangkok, THA, 10110

Website

http://www.poscothainox.com

POSCO-Thainox PCL is engaged in production and sales of cold-rolled stainless steel. Its products portfolio includes Austenitic Stainless Steel and Ferritic Stainless Steel. The company's products are used in Automotive and Transportation Parts, Electrical Home Appliances, Kitchenware, Food Processing and Medical Equipment, Heavy Industry, Energy and Environment, and Architecture, Building and Construction industries. Its segment consists of production and sale of cold-rolled stainless steel in the domestic market from where it earns the majority of the revenue.

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