Proxene Tools Co (ROCO:6904) Accounts Payable & Accrued Expense : NT$114.1 Mil (As of Mar. 2024)

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What is Proxene Tools Co Accounts Payable & Accrued Expense?

Proxene Tools Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$99.3 Mil) to Dec. 2023 (NT$108.2 Mil) and increased from Dec. 2023 (NT$108.2 Mil) to Mar. 2024 (NT$114.1 Mil).

Proxene Tools Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$95.7 Mil) to Dec. 2022 (NT$141.9 Mil) but then declined from Dec. 2022 (NT$141.9 Mil) to Dec. 2023 (NT$108.2 Mil).

Proxene Tools Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Proxene Tools 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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Proxene Tools Co Accounts Payable & Accrued Expense Chart

Proxene Tools Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

60.82

69.43

95.67

141.86

108.16

Proxene Tools Co Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								134.06	160.51	99.29	108.16	114.14

Proxene Tools 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.

Proxene Tools Co (ROCO:6904) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Proxene Tools Co Ltd (ROCO:6904) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

No. 35, Alley 28, Lane 360, Zhongshan Road, Shengang District, Taichung City, TWN, 42947

Website

https://www.proxene.com.tw

Proxene Tools Co Ltd engages in the manufacturing and exporting of adjustable angle wrenches in Taiwan. It offers industrial hand tools manufacturing adjustable wrench hand tools, wrenches, Industrial Video Borescope, Diagnostic equipment, and Car care products.

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