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Kian Shen (TPE:1525) Accounts Payable & Accrued Expense : NT$568 Mil (As of Jun. 2024)


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What is Kian Shen Accounts Payable & Accrued Expense?

Kian Shen's quarterly accounts payable & accrued expense increased from Dec. 2023 (NT$135 Mil) to Mar. 2024 (NT$333 Mil) and increased from Mar. 2024 (NT$333 Mil) to Jun. 2024 (NT$568 Mil).

Kian Shen's annual accounts payable & accrued expense increased from Dec. 2021 (NT$32 Mil) to Dec. 2022 (NT$182 Mil) but then declined from Dec. 2022 (NT$182 Mil) to Dec. 2023 (NT$135 Mil).


Kian Shen Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kian Shen'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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Kian Shen Accounts Payable & Accrued Expense Chart

Kian Shen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.53 15.27 32.35 182.25 134.54

Kian Shen Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 370.22 229.75 134.54 332.97 567.68

Kian Shen 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.


Kian Shen Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 100, Xinjiang Road, Yangmei District, Taoyuan, TWN
Kian Shen Corp is engaged in the manufacture and sale of automobile body beams, stamping molds, and woodworking products. It provides automobile frames which include products for large, medium, and small-size trucks and coaches. The company has two operating segments; the Manufacturing department, and the Investment department. It derives a majority of its revenue from the manufacturing segment.

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