Gallant Precision Machining Co (ROCO:5443) Accounts Payable & Accrued Expense : NT$1,789 Mil (As of Mar. 2024)

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What is Gallant Precision Machining Co Accounts Payable & Accrued Expense?

Gallant Precision Machining Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$1,290 Mil) to Dec. 2023 (NT$1,567 Mil) and increased from Dec. 2023 (NT$1,567 Mil) to Mar. 2024 (NT$1,789 Mil).

Gallant Precision Machining Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$1,690 Mil) to Dec. 2022 (NT$1,916 Mil) but then declined from Dec. 2022 (NT$1,916 Mil) to Dec. 2023 (NT$1,567 Mil).

Gallant Precision Machining Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gallant Precision Machining 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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Gallant Precision Machining Co Accounts Payable & Accrued Expense Chart

Gallant Precision Machining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,355.77

1,401.02

1,690.26

1,915.63

1,567.21

Gallant Precision Machining Co 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															1,573.38	1,492.82	1,289.60	1,567.21	1,788.85

Gallant Precision Machining 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.

Gallant Precision Machining Co (ROCO:5443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Gallant Precision Machining Co Ltd (ROCO:5443) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 5-1, Innovation 1st Road, Science-Based Industrial Park, Hsinchu, TWN, 300

Website

https://www.gpmcorp.com.tw

Gallant Precision Machining Co Ltd is engaged in the design, manufacture, and sale of molds and machinery, metal parts and mold parts, stamping parts and die-cast parts, and automated manufacturing systems and their unit equipment. Geographically, it derives a majority of revenue from China. It generates maximum revenue from the display process equipment.

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