Wiselink Co (ROCO:8932) Accounts Payable & Accrued Expense : NT$184 Mil (As of Mar. 2024)

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What is Wiselink Co Accounts Payable & Accrued Expense?

Wiselink Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$128 Mil) to Dec. 2023 (NT$145 Mil) and increased from Dec. 2023 (NT$145 Mil) to Mar. 2024 (NT$184 Mil).

Wiselink Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$157 Mil) to Dec. 2022 (NT$109 Mil) but then increased from Dec. 2022 (NT$109 Mil) to Dec. 2023 (NT$145 Mil).

Wiselink Co Accounts Payable & Accrued Expense Historical Data

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

Wiselink Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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155.37

120.23

157.42

108.70

144.52

Wiselink 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															181.15	123.71	127.58	144.52	184.40

Wiselink 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.

Wiselink Co (ROCO:8932) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wiselink Co Ltd (ROCO:8932) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7F, No. 196, Joutz Street, Neihu District, Taipei, TWN, 11493

Website

https://www.maxzip.com.tw

Wiselink Co Ltd, formerly Max Zipper Co Ltd is engaged in the production and sales of zippers in Taiwan. It offers a variety of zippers including nylon zippers, Delrin zippers, invisible zippers, metal zippers, zipper accessories, sliders, and other specialized zippers. The reportable segment of the company includes Taiwan and Mainland. The Taiwan segment and the Mainland segment were mainly engaged in the manufacturing, processing, and trading of pulling products and parts, while the other segments were mainly engaged in professional investment. The majority of revenue is derived from the Taiwan segment.

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