Shihlin Electric & Engineering (TPE:1503) Accounts Payable & Accrued Expense : NT$8,194 Mil (As of Mar. 2024)

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What is Shihlin Electric & Engineering Accounts Payable & Accrued Expense?

Shihlin Electric & Engineering's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$7,601 Mil) to Dec. 2023 (NT$7,783 Mil) and increased from Dec. 2023 (NT$7,783 Mil) to Mar. 2024 (NT$8,194 Mil).

Shihlin Electric & Engineering's annual accounts payable & accrued expense increased from Dec. 2021 (NT$7,960 Mil) to Dec. 2022 (NT$8,563 Mil) but then declined from Dec. 2022 (NT$8,563 Mil) to Dec. 2023 (NT$7,783 Mil).

Shihlin Electric & Engineering Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shihlin Electric & Engineering'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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Shihlin Electric & Engineering Accounts Payable & Accrued Expense Chart

Shihlin Electric & Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7,212.34

7,306.62

7,960.16

8,562.51

7,783.22

Shihlin Electric & Engineering 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															8,076.50	8,882.37	7,600.84	7,783.22	8,193.56

Shihlin Electric & Engineering 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.

Shihlin Electric & Engineering (TPE:1503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shihlin Electric & Engineering Corp (TPE:1503) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111

Website

https://www.seec.com.tw

Shihlin Electric & Engineering Corp is a Taiwan-based company The Group is engaged in the manufacture of heavy electrical equipment and machinery and automotive electrical equipment, devices, and related parts The company's product portfolio is categorized into five groups: automobile equipment systems, breaker switchgear and systems, heavy electric systems, and factory automation and system engineering products. The company operates production facilities in Taiwan, mainland China, and Vietnam.

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