Kao Fong Machinery Co (ROCO:4510) Accounts Payable & Accrued Expense : NT$305 Mil (As of Mar. 2024)

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What is Kao Fong Machinery Co Accounts Payable & Accrued Expense?

Kao Fong Machinery Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (NT$389 Mil) to Sep. 2023 (NT$411 Mil) but then declined from Sep. 2023 (NT$411 Mil) to Mar. 2024 (NT$305 Mil).

Kao Fong Machinery Co's annual accounts payable & accrued expense increased from Dec. 2020 (NT$344 Mil) to Dec. 2021 (NT$503 Mil) but then declined from Dec. 2021 (NT$503 Mil) to Dec. 2022 (NT$277 Mil).

Kao Fong Machinery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kao Fong Machinery 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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Kao Fong Machinery Co Accounts Payable & Accrued Expense Chart

Kao Fong Machinery Co Annual Data

Trend

Dec13

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Dec22

Accounts Payable & Accrued Expense

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513.99

255.10

344.19

502.62

276.84

Kao Fong Machinery 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															276.84	297.14	388.74	411.38	304.91

Kao Fong Machinery 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.

Kao Fong Machinery Co (ROCO:4510) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kao Fong Machinery Co Ltd (ROCO:4510) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.16, Keya Road,, Daya district, Taichung, TWN, 42881

Website

http://www.kafo.com.tw

Kao Fong Machinery Co Ltd is engaged in the manufacture and distribution of machine tools and machinery equipment in Taiwan. Its products consist of vertical machining centers, horizontal machining centers, numerical control milling machines, as well as bridge machining centers.

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