Microcosm Technology Co (ROCO:3354) Accounts Payable & Accrued Expense : NT$22.31 Mil (As of Mar. 2024)

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What is Microcosm Technology Co Accounts Payable & Accrued Expense?

Microcosm Technology Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (NT$39.66 Mil) to Sep. 2023 (NT$23.56 Mil) and declined from Sep. 2023 (NT$23.56 Mil) to Mar. 2024 (NT$22.31 Mil).

Microcosm Technology Co's annual accounts payable & accrued expense declined from Dec. 2020 (NT$52.33 Mil) to Dec. 2021 (NT$35.19 Mil) and declined from Dec. 2021 (NT$35.19 Mil) to Dec. 2022 (NT$24.05 Mil).

Microcosm Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Microcosm Technology 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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Microcosm Technology Co Accounts Payable & Accrued Expense Chart

Microcosm Technology Co Annual Data

Trend

Dec13

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Dec22

Accounts Payable & Accrued Expense

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109.54

68.58

52.33

35.19

24.05

Microcosm Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															24.05	18.43	39.66	23.56	22.31

Microcosm Technology 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.

Microcosm Technology Co (ROCO:3354) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Microcosm Technology Co Ltd (ROCO:3354) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.8, Nanke 9th Road, ShanHwa District, Tainan City, TWN

Website

http://www.microcosm.com.tw

Microcosm Technology Co Ltd is a Taiwan-based company engaged in developing, manufacturing, and marketing ultrathin flexible printed circuit board materials, adhesive less flexible PCB materials, and film-on-chip flexible substrates. The products of the company include Liquid photosensitive PI insulation, Customized transparent polyamide, Low retardation transparent sheets, Bending resistant transparent sheets, and others.

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