Microtips Technology (ROCO:3285) Accounts Payable & Accrued Expense : NT$155.9 Mil (As of Sep. 2024)

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What is Microtips Technology Accounts Payable & Accrued Expense?

Microtips Technology's quarterly accounts payable & accrued expense increased from Mar. 2024 (NT$139.4 Mil) to Jun. 2024 (NT$198.7 Mil) but then declined from Jun. 2024 (NT$198.7 Mil) to Sep. 2024 (NT$155.9 Mil).

Microtips Technology's annual accounts payable & accrued expense declined from Dec. 2021 (NT$182.4 Mil) to Dec. 2022 (NT$167.5 Mil) and declined from Dec. 2022 (NT$167.5 Mil) to Dec. 2023 (NT$151.8 Mil).

Microtips Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Microtips Technology'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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Microtips Technology Accounts Payable & Accrued Expense Chart

Microtips Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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125.50

188.66

182.39

167.49

151.77

Microtips Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															187.17	151.77	139.43	198.72	155.91

Microtips Technology 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.

Microtips Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Microtips Technology Inc (ROCO:3285) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 31, Kangning Street, 12th Floor, Lane 169, Xizhi District, New Taipei City, TWN

Website

http://www.microtips.com.tw

Microtips Technology Inc is engaged in the manufacture and sales of electronic components, electrical appliances, and telecommunications equipment. Its products include liquid crystal display modules (LCMs), fingerprint identification modules, digital audio, and video multimedia products, portable digital cameras, wireless charging products, and others.

Microtips Technology Headlines

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