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Genesis Technology (ROCO:6221) Accounts Payable & Accrued Expense : NT$1,349 Mil (As of Sep. 2024)


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What is Genesis Technology Accounts Payable & Accrued Expense?

Genesis Technology's quarterly accounts payable & accrued expense increased from Mar. 2024 (NT$1,135 Mil) to Jun. 2024 (NT$1,269 Mil) and increased from Jun. 2024 (NT$1,269 Mil) to Sep. 2024 (NT$1,349 Mil).

Genesis Technology's annual accounts payable & accrued expense increased from Dec. 2021 (NT$1,097 Mil) to Dec. 2022 (NT$1,551 Mil) but then declined from Dec. 2022 (NT$1,551 Mil) to Dec. 2023 (NT$1,423 Mil).


Genesis Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Genesis 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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Genesis Technology Accounts Payable & Accrued Expense Chart

Genesis Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 642.72 807.96 1,097.38 1,551.47 1,422.99

Genesis Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,542.06 1,422.99 1,134.55 1,268.74 1,348.72

Genesis 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.


Genesis Technology Business Description

Industry
Traded in Other Exchanges
N/A
Address
7F, No.289 Kuang-Fu Road, Section 2, Hsinchu, TWN, 30071
Genesis Technology Inc provides business information software services to various enterprises in Taiwan. The main operating activities of the Company are software and hardware sales related to computer, communications and cybersecurity custom-made system integration consulting and services.

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