Chang Jia M&E Engineering (ROCO:4550) Accounts Payable & Accrued Expense : NT$448 Mil (As of Mar. 2024)

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What is Chang Jia M&E Engineering Accounts Payable & Accrued Expense?

Chang Jia M&E Engineering's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$513 Mil) to Dec. 2023 (NT$447 Mil) but then increased from Dec. 2023 (NT$447 Mil) to Mar. 2024 (NT$448 Mil).

Chang Jia M&E Engineering's annual accounts payable & accrued expense declined from Dec. 2021 (NT$599 Mil) to Dec. 2022 (NT$538 Mil) and declined from Dec. 2022 (NT$538 Mil) to Dec. 2023 (NT$447 Mil).

Chang Jia M&E Engineering Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chang Jia M&E Engineering'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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Chang Jia M&E Engineering Accounts Payable & Accrued Expense Chart

Chang Jia M&E Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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645.70

604.13

599.26

538.42

447.02

Chang Jia M&E Engineering 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															542.69	585.51	512.81	447.02	447.84

Chang Jia M&E Engineering 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.

Chang Jia M&E Engineering (ROCO:4550) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chang Jia M&E Engineering Corp (ROCO:4550) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Number 1, Lane 10, Jihu Road, 8th Floor, Neihu District, Taipei, TWN, 114

Website

http://www.changjia.com.tw

Chang Jia M&E Engineering Corp is a Taiwan-based company involved in the field of electrical and mechanical engineering. It is centered on the construction of electrical, water, fire, monitoring, air conditioning, and clean room projects.

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