Formosa Plastics (TPE:1301) Accounts Payable & Accrued Expense : NT$18,985 Mil (As of Mar. 2024)

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What is Formosa Plastics Accounts Payable & Accrued Expense?

Formosa Plastics's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$25,318 Mil) to Dec. 2023 (NT$29,375 Mil) but then declined from Dec. 2023 (NT$29,375 Mil) to Mar. 2024 (NT$18,985 Mil).

Formosa Plastics's annual accounts payable & accrued expense declined from Dec. 2021 (NT$42,113 Mil) to Dec. 2022 (NT$31,648 Mil) and declined from Dec. 2022 (NT$31,648 Mil) to Dec. 2023 (NT$29,375 Mil).

Formosa Plastics Accounts Payable & Accrued Expense Historical Data

The historical data trend for Formosa Plastics'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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Formosa Plastics Accounts Payable & Accrued Expense Chart

Formosa Plastics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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36,653.59

18,302.79

42,112.58

31,648.22

29,374.87

Formosa Plastics 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															55,420.55	50,272.85	25,318.30	29,374.87	18,985.01

Formosa Plastics 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.

Formosa Plastics (TPE:1301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Formosa Plastics Corp (TPE:1301) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 100, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814

Website

http://www.fpc.com.tw

Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in six reportable segments: Plastics, Polyolefins, Polypropylene, Tairylan, Chemistry, and Others. The company's products run the gambit of major petrochemicals and plastics. These are used in daily necessities, outdoor sports, mechanical industry, building material coating, and other applications. The company operates primarily in Asia, including Taiwan, mainland China, among others.

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