Thai Eastern Group Holdings PCL (BKK:TEGH) Accounts Payable & Accrued Expense : ฿263 Mil (As of Mar. 2024)

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What is Thai Eastern Group Holdings PCL Accounts Payable & Accrued Expense?

Thai Eastern Group Holdings PCL's quarterly accounts payable & accrued expense increased from Sep. 2023 (฿275 Mil) to Dec. 2023 (฿369 Mil) but then declined from Dec. 2023 (฿369 Mil) to Mar. 2024 (฿263 Mil).

Thai Eastern Group Holdings PCL's annual accounts payable & accrued expense declined from Dec. 2021 (฿314 Mil) to Dec. 2022 (฿312 Mil) but then increased from Dec. 2022 (฿312 Mil) to Dec. 2023 (฿369 Mil).

Thai Eastern Group Holdings PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Thai Eastern Group Holdings 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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Thai Eastern Group Holdings PCL Accounts Payable & Accrued Expense Chart

Thai Eastern Group Holdings PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

189.12

314.18

311.63

369.02

Thai Eastern Group Holdings PCL Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								252.24	221.41	274.89	369.02	262.64

Thai Eastern Group Holdings 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.

Thai Eastern Group Holdings PCL (BKK:TEGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Thai Eastern Group Holdings PCL (BKK:TEGH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chonburi-Klaeng Road, 171 Moo 2, Khao Sok Subdistrict, Nong Yai District, Chonburi, THA, 20190

Website

https://www.thaieasterngroup.com

Thai Eastern Group Holdings PCL is engaged in the investment in equity securities and the provision of management services. The subsidiaries are principally engaged in the manufacture and distribution of block rubber, concentrated latex, palm oil, palm seed oil, electricity and biogas, including treatment services of organic waste disposal. The company operates in four reportable segment Block rubber and concentrated latex, Crude palm oil, Energy, and Other. The majority of revenue is derived from the Block rubber and concentrated latex segment.

Thai Eastern Group Holdings PCL (BKK:TEGH) Headlines

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