Taiwan Wax Co (ROCO:1742) Accounts Payable & Accrued Expense : NT$21.2 Mil (As of Mar. 2024)

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What is Taiwan Wax Co Accounts Payable & Accrued Expense?

Taiwan Wax Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$53.5 Mil) to Dec. 2023 (NT$12.2 Mil) but then increased from Dec. 2023 (NT$12.2 Mil) to Mar. 2024 (NT$21.2 Mil).

Taiwan Wax Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$80.8 Mil) to Dec. 2022 (NT$13.1 Mil) and declined from Dec. 2022 (NT$13.1 Mil) to Dec. 2023 (NT$12.2 Mil).

Taiwan Wax Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Taiwan Wax Co'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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Taiwan Wax Co Accounts Payable & Accrued Expense Chart

Taiwan Wax Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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24.45

8.56

80.79

13.11

12.15

Taiwan Wax Co 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															10.70	29.00	53.48	12.15	21.19

Taiwan Wax Co 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.

Taiwan Wax Co (ROCO:1742) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Taiwan Wax Co Ltd (ROCO:1742) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Number 1 Chung Cheng Road, Minhsiung Industrial District, Chiayi, TWN, 62146

Website

https://www.wax.com.tw

Taiwan Wax Co Ltd is engaged in manufacture, trading, import and export of various wax raw materials and finished products, trading of optoelectronic equipment, trading of aquatic products and provision of brokerage services. The company derives revenue from sales of merchandise is derived from sales of aquatic products, optoelectronic equipment and various finished wax products.

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