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STC Concrete Product (BKK:STC) Accounts Payable & Accrued Expense : ฿122.3 Mil (As of Jun. 2024)


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What is STC Concrete Product Accounts Payable & Accrued Expense?

STC Concrete Product's quarterly accounts payable & accrued expense declined from Dec. 2023 (฿120.3 Mil) to Mar. 2024 (฿114.0 Mil) but then increased from Mar. 2024 (฿114.0 Mil) to Jun. 2024 (฿122.3 Mil).

STC Concrete Product's annual accounts payable & accrued expense increased from Dec. 2021 (฿75.0 Mil) to Dec. 2022 (฿88.1 Mil) and increased from Dec. 2022 (฿88.1 Mil) to Dec. 2023 (฿120.3 Mil).

STC Concrete Product Accounts Payable & Accrued Expense Historical Data

The historical data trend for STC Concrete Product'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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STC Concrete Product Accounts Payable & Accrued Expense Chart

STC Concrete Product Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 94.88 77.13 75.04 88.11 120.33

STC Concrete Product Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 131.95 131.60 120.33 114.01 122.28

STC Concrete Product 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.

STC Concrete Product Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » STC Concrete Product PLC (BKK:STC) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
220/26 Moo 6, Sukhumvit Road, Nakluea Subdistrict, Banglamung District, Chonburi Province, Pattaya, THA, 20150
Website
https://www.stc.co.th
STC Concrete Product PLC is engaged in the production and distribution of precast concrete products under the trademark STC CONCRETE. Its products portfolio includes ready mixed concrete, concrete drainage pipes, precast concrete slabs, prestressed concrete pile, lightweight gray brick block, and prefabricated fence panels. The company operates in only one reportable segment that is manufacture and sales of ready-mixed concrete and aggregate and the single geographical area of its operations in Thailand.