PT Argo Pantes Tbk (ISX:ARGO) Accounts Payable & Accrued Expense : Rp289,731 Mil (As of Mar. 2024)

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What is PT Argo Pantes Tbk Accounts Payable & Accrued Expense?

PT Argo Pantes Tbk's quarterly accounts payable & accrued expense declined from Sep. 2023 (Rp310,329 Mil) to Dec. 2023 (Rp301,234 Mil) and declined from Dec. 2023 (Rp301,234 Mil) to Mar. 2024 (Rp289,731 Mil).

PT Argo Pantes Tbk's annual accounts payable & accrued expense increased from Dec. 2021 (Rp1,106,577 Mil) to Dec. 2022 (Rp1,312,961 Mil) but then declined from Dec. 2022 (Rp1,312,961 Mil) to Dec. 2023 (Rp301,234 Mil).

PT Argo Pantes Tbk Accounts Payable & Accrued Expense Historical Data

The historical data trend for PT Argo Pantes Tbk'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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PT Argo Pantes Tbk Accounts Payable & Accrued Expense Chart

PT Argo Pantes Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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386,914.60

1,094,231.67

1,106,576.90

1,312,961.10

301,234.45

PT Argo Pantes Tbk 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															1,260,796.83	1,264,345.80	310,328.61	301,234.45	289,730.53

PT Argo Pantes Tbk 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.

PT Argo Pantes Tbk (ISX:ARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Argo Pantes Tbk (ISX:ARGO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan. Jend Gatot Subroto Kav.22, Wisma Argo Manunggal, 2nd Floor, Jakarta, IDN, 12930

Website

https://www.argopantes.com

PT Argo Pantes Tbk operates in the textile industry. The company is engaged in the production and sales of finished fabric, knitting, and garment. The company has two operating segments which include the textile industry and rent out of which the majority of the revenue derives from the Textile segment.