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Gloria Material Technology (ROCO:5009) Accounts Payable & Accrued Expense : NT$3,335 Mil (As of Mar. 2024)


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What is Gloria Material Technology Accounts Payable & Accrued Expense?

Gloria Material Technology's quarterly accounts payable & accrued expense declined from Jun. 2023 (NT$2,711 Mil) to Sep. 2023 (NT$1,815 Mil) but then increased from Sep. 2023 (NT$1,815 Mil) to Mar. 2024 (NT$3,335 Mil).

Gloria Material Technology's annual accounts payable & accrued expense increased from Dec. 2020 (NT$643 Mil) to Dec. 2021 (NT$1,272 Mil) and increased from Dec. 2021 (NT$1,272 Mil) to Dec. 2022 (NT$1,943 Mil).


Gloria Material Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gloria Material Technology'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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Gloria Material Technology Accounts Payable & Accrued Expense Chart

Gloria Material Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,130.42 906.59 643.44 1,272.39 1,943.06

Gloria Material Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,943.06 1,657.16 2,711.39 1,814.52 3,334.61

Gloria Material Technology 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.


Gloria Material Technology (ROCO:5009) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Xinzhong Road, Xinying District, Tainan, TWN
Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy and smelting of the raw materials of these products. GMTC provides various quality materials at such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials and Quenched-Tempered Steel and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include cold work tool steel, hot work tool steel, and carbon tool steel.

Gloria Material Technology (ROCO:5009) Headlines

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