TAIT (Taitron Components) Accounts Payable & Accrued Expense : $1.52 Mil (As of Sep. 2024)

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What is Taitron Components Accounts Payable & Accrued Expense?

Taitron Components's quarterly accounts payable & accrued expense declined from Mar. 2024 ($1.38 Mil) to Jun. 2024 ($0.90 Mil) but then increased from Jun. 2024 ($0.90 Mil) to Sep. 2024 ($1.52 Mil).

Taitron Components's annual accounts payable & accrued expense declined from Dec. 2021 ($2.74 Mil) to Dec. 2022 ($1.00 Mil) but then increased from Dec. 2022 ($1.00 Mil) to Dec. 2023 ($1.16 Mil).

Taitron Components Accounts Payable & Accrued Expense Historical Data

The historical data trend for Taitron Components'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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Taitron Components Accounts Payable & Accrued Expense Chart

Taitron Components Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.78

0.86

2.74

1.00

1.16

Taitron Components 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															1.12	1.16	1.38	0.90	1.52

Taitron Components 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.

Taitron Components Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taitron Components Inc (NAS:TAIT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

28040 West Harrison Parkway, Valencia, CA, USA, 91355

Website

https://www.taitroncomponents.com

Taitron Components Inc is a supplier of originally designed and manufactured (ODM) products that include value-added engineering and turn-key solutions. It focuses on providing original equipment manufacturers (OEMs) and contracts electronic manufacturers (CEMs) with ODM products for their multi-year turn-key projects and ODM electronic components. The company's product offerings range from discrete semiconductors to small electronic devices. The company also distributes brand-name electronic components with a vast inventory available on hand. Its Taiwan and China locations provide support for inventory sourcing, purchases, and coordinating the manufacture of ODM Projects and ODM Components.

Executives

Chi-lin Chung	director	28040 WEST HARRISON PARKWAY, VALENCIA CA 91355
Craig Miller	director	15165 VENTURA BLVD, STE 425, SHERMAAN OAKS CA 91403
David Vanderhorst	officer: CFO	C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Stewart Wang	director, 10 percent owner, officer: President, CEO, CFO	C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Tzu Sheng Ku	director, 10 percent owner, officer: Chairman	C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Richard Chiang	director	28040 W HARRISON PKWY, VALENCIA CA 91355
Felix Sung	director	C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355