Inoue Rubber (Thailand) PCL (BKK:IRC) Accounts Payable & Accrued Expense : ฿693 Mil (As of Dec. 2023)

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What is Inoue Rubber (Thailand) PCL Accounts Payable & Accrued Expense?

Inoue Rubber (Thailand) PCL's quarterly accounts payable & accrued expense declined from Jun. 2023 (฿759 Mil) to Sep. 2023 (฿731 Mil) and declined from Sep. 2023 (฿731 Mil) to Dec. 2023 (฿693 Mil).

Inoue Rubber (Thailand) PCL's annual accounts payable & accrued expense increased from Sep. 2021 (฿935 Mil) to Sep. 2022 (฿1,010 Mil) but then declined from Sep. 2022 (฿1,010 Mil) to Sep. 2023 (฿731 Mil).

Inoue Rubber (Thailand) PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Inoue Rubber (Thailand) 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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Inoue Rubber (Thailand) PCL Accounts Payable & Accrued Expense Chart

Inoue Rubber (Thailand) PCL Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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996.69

702.16

934.55

1,010.05

731.46

Inoue Rubber (Thailand) PCL 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															1,032.95	876.12	758.55	731.46	693.27

Inoue Rubber (Thailand) 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.

Inoue Rubber (Thailand) PCL (BKK:IRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Inoue Rubber (Thailand) PCL (BKK:IRC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 258, Soi Rangsit-Nakornnayok 49, Prachathipat Sub-district, Thanyaburi District, Pathumthani, THA, 12130

Website

https://www.ircthailand.com

Inoue Rubber (Thailand) PCL is principally engaged in the manufacture and distribution of Automotive Elastomer Products, motorcycle tires, tubes, and industrial elastomer rubber parts. Geographically, it derives a majority of its revenue from Thailand. The company's reportable segments includes geographical areas that are Local and Export, out of which key revenue is generated from Local Segment. Its products involve Automotive Elastomer Products, Motorcycle Tires and Tubes and Industrial Elastomer Parts.