Li Ming Development Construction Co (ROCO:6212) Accounts Payable & Accrued Expense : NT$887 Mil (As of Mar. 2024)

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What is Li Ming Development Construction Co Accounts Payable & Accrued Expense?

Li Ming Development Construction Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$676 Mil) to Dec. 2023 (NT$1,140 Mil) but then declined from Dec. 2023 (NT$1,140 Mil) to Mar. 2024 (NT$887 Mil).

Li Ming Development Construction Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$737 Mil) to Dec. 2022 (NT$745 Mil) and increased from Dec. 2022 (NT$745 Mil) to Dec. 2023 (NT$1,140 Mil).

Li Ming Development Construction Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Li Ming Development Construction 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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Li Ming Development Construction Co Accounts Payable & Accrued Expense Chart

Li Ming Development Construction Co Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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553.31

884.93

737.03

745.31

1,139.98

Li Ming Development Construction 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															494.79	645.53	675.79	1,139.98	887.42

Li Ming Development Construction 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.

Li Ming Development Construction Co (ROCO:6212) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Li Ming Development Construction Co Ltd (ROCO:6212) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Gongdao 5th Road, 7th Floor, No. 419, Section 2, Hsinchu, TWN, 30069

Website

http://www.met.com.tw

Li Ming Development Construction Co Ltd is engaged in the development, leasing, and sale of residential and commercial buildings, as well as the wholesale and retail of construction materials. The company is also involved in landscape and interior design. It operates in one single segment that is the development of the property segment which is mainly engaged in the commissioning construction of residences and buildings and renting properties. It generates a vast majority of its revenues from the sales of lands and apartments.

Li Ming Development Construction Co (ROCO:6212) Headlines

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