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Telares de Palo Grande S.A.C.A (CAR:TPG) Accounts Payable & Accrued Expense : VES0.00 Mil (As of . 20)


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What is Telares de Palo Grande S.A.C.A Accounts Payable & Accrued Expense?


Telares de Palo Grande S.A.C.A Accounts Payable & Accrued Expense Historical Data

The historical data trend for Telares de Palo Grande S.A.C.A'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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Telares de Palo Grande S.A.C.A Accounts Payable & Accrued Expense Chart

Telares de Palo Grande S.A.C.A Annual Data
Trend
Accounts Payable & Accrued Expense

Telares de Palo Grande S.A.C.A Semi-Annual Data
Accounts Payable & Accrued Expense

Telares de Palo Grande S.A.C.A 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.


Telares de Palo Grande S.A.C.A Business Description

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Address
Zona Industrial Ruiz Pineda, a 200 mts. del Liceo Gran Mariscal de Ayacucho, Caricuao, Caracas, VEN
Telares de Palo Grande S.A.C.A is engaged in manufacturing of towels.The company use Orinoco type cotton and American cotton, which the company convert into yarn to make the towels. The company is divided into Spinning department, Dry Cleaning Department and Clothing Department. It's equipment includes Schlafhorst open end spinning machines, Sulzer towel looms, Thies dyeing machines and Texpa automated sewing machines.