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Motion Technology Electric & Machinery Co (ROCO:4589) Accounts Payable & Accrued Expense : NT$241.3 Mil (As of Dec. 2024)


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What is Motion Technology Electric & Machinery Co Accounts Payable & Accrued Expense?

Motion Technology Electric & Machinery Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (NT$222.5 Mil) to Jun. 2024 (NT$343.2 Mil) but then declined from Jun. 2024 (NT$343.2 Mil) to Dec. 2024 (NT$241.3 Mil).

Motion Technology Electric & Machinery Co's annual accounts payable & accrued expense declined from Dec. 2022 (NT$258.3 Mil) to Dec. 2023 (NT$222.5 Mil) but then increased from Dec. 2023 (NT$222.5 Mil) to Dec. 2024 (NT$241.3 Mil).


Motion Technology Electric & Machinery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Motion Technology Electric & 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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Motion Technology Electric & Machinery Co Accounts Payable & Accrued Expense Chart

Motion Technology Electric & Machinery Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
220.16 258.33 222.46 241.35

Motion Technology Electric & Machinery Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 258.33 251.95 222.46 343.22 241.35

Motion Technology Electric & 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.


Motion Technology Electric & Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 72, Lane 76, Neiding 20th Street, Zhongli District, Taoyuan City, TWN, 320
Motion Technology Electric & Machinery Co Ltd engages in the design and production of high-precision motors for use in medical appliances, electric wheelchairs, mobility scooters, elevators, and transmission systems. Its products include brush DC motors, brushless DC motors, BLDC drivers, servo motors, induction motors, and reluctance motor control.

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