PT Gunung Raja Paksi Tbk (ISX:GGRP) Accounts Payable & Accrued Expense : Rp1,228,377 Mil (As of Mar. 2024)

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What is PT Gunung Raja Paksi Tbk Accounts Payable & Accrued Expense?

PT Gunung Raja Paksi Tbk's quarterly accounts payable & accrued expense increased from Sep. 2023 (Rp627,964 Mil) to Dec. 2023 (Rp1,658,360 Mil) but then declined from Dec. 2023 (Rp1,658,360 Mil) to Mar. 2024 (Rp1,228,377 Mil).

PT Gunung Raja Paksi Tbk's annual accounts payable & accrued expense increased from Dec. 2021 (Rp1,119,617 Mil) to Dec. 2022 (Rp1,872,808 Mil) but then declined from Dec. 2022 (Rp1,872,808 Mil) to Dec. 2023 (Rp1,658,360 Mil).

PT Gunung Raja Paksi Tbk Accounts Payable & Accrued Expense Historical Data

The historical data trend for PT Gunung Raja Paksi 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 Gunung Raja Paksi Tbk Accounts Payable & Accrued Expense Chart

PT Gunung Raja Paksi Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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510,695.44

1,296,602.95

1,119,617.02

1,872,808.47

1,658,360.02

PT Gunung Raja Paksi 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															1,302,637.96	755,477.35	627,964.50	1,658,360.02	1,228,377.14

PT Gunung Raja Paksi 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 Gunung Raja Paksi Tbk (ISX:GGRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » PT Gunung Raja Paksi Tbk (ISX:GGRP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Perjuangan No. 8, Kp.Tangsi RT. 004/006, Sukadanau Village, West Cikarang Subdistrict, West Java, Bekasi, IDN, 17530

Website

https://www.gunungrajapaksi.com

PT Gunung Raja Paksi Tbk is an Indonesia based company engaged in the production of flat steel products consisting of plates (sheet) and coils. The company's operating segment includes Steel sheet and its downstream and Steel bar and its downstream. It generates maximum revenue from the Steel sheet and its downstream segment.

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