Universal Textile Co (TPE:1445) Accounts Payable & Accrued Expense : NT$111 Mil (As of Mar. 2024)

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What is Universal Textile Co Accounts Payable & Accrued Expense?

Universal Textile Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$143 Mil) to Dec. 2023 (NT$243 Mil) but then declined from Dec. 2023 (NT$243 Mil) to Mar. 2024 (NT$111 Mil).

Universal Textile Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$118 Mil) to Dec. 2022 (NT$155 Mil) and increased from Dec. 2022 (NT$155 Mil) to Dec. 2023 (NT$243 Mil).

Universal Textile Co Accounts Payable & Accrued Expense Historical Data

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

Universal Textile Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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88.01

59.84

118.16

155.08

243.35

Universal Textile 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															156.20	152.80	142.95	243.35	111.00

Universal Textile 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.

Universal Textile Co (TPE:1445) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Universal Textile Co Ltd (TPE:1445) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7/F, 62-5, Xining North Road, Datong District, Taipei, TWN

Website

http://www.utc.tw

Universal Textile Co Ltd operates in the textile manufacturing industry. The product portfolio of the company includes suit for men and women, uniform, shirt, and coats.

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