Connection Technology Systems (ROCO:3672) Accounts Payable & Accrued Expense : NT$37.9 Mil (As of Mar. 2024)

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What is Connection Technology Systems Accounts Payable & Accrued Expense?

Connection Technology Systems's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$42.8 Mil) to Dec. 2023 (NT$42.0 Mil) and declined from Dec. 2023 (NT$42.0 Mil) to Mar. 2024 (NT$37.9 Mil).

Connection Technology Systems's annual accounts payable & accrued expense declined from Dec. 2021 (NT$118.3 Mil) to Dec. 2022 (NT$83.5 Mil) and declined from Dec. 2022 (NT$83.5 Mil) to Dec. 2023 (NT$42.0 Mil).

Connection Technology Systems Accounts Payable & Accrued Expense Historical Data

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

Connection Technology Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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87.71

114.67

118.33

83.54

42.04

Connection Technology Systems 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															58.85	52.50	42.81	42.04	37.87

Connection Technology Systems 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.

Connection Technology Systems (ROCO:3672) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Connection Technology Systems Inc (ROCO:3672) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

18F-6, No.79, Sec.1, Xintai 5th Road, Xizhi District, New Taipei City, Taipei, TWN, 221

Website

http://www.ctsystem.com

Connection Technology Systems Inc. is engaged in providing fiber optic communication products and services in Taiwan. Its main products include Fiber Switch Product, Fiber Gateway Product, PoE Product, Media Converter Product.

Connection Technology Systems (ROCO:3672) Headlines

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