Kung Long Batteries Industrial Co (TPE:1537) Accounts Payable & Accrued Expense : NT$846 Mil (As of Mar. 2024)

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What is Kung Long Batteries Industrial Co Accounts Payable & Accrued Expense?

Kung Long Batteries Industrial Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$967 Mil) to Dec. 2023 (NT$964 Mil) and declined from Dec. 2023 (NT$964 Mil) to Mar. 2024 (NT$846 Mil).

Kung Long Batteries Industrial Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$941 Mil) to Dec. 2022 (NT$1,000 Mil) but then declined from Dec. 2022 (NT$1,000 Mil) to Dec. 2023 (NT$964 Mil).

Kung Long Batteries Industrial Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kung Long Batteries Industrial 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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Kung Long Batteries Industrial Co Accounts Payable & Accrued Expense Chart

Kung Long Batteries Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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726.72

913.29

940.65

999.84

964.32

Kung Long Batteries Industrial 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															886.89	1,755.31	967.08	964.32	845.89

Kung Long Batteries Industrial 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.

Kung Long Batteries Industrial Co (TPE:1537) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kung Long Batteries Industrial Co Ltd (TPE:1537) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No.6, Tzu-Li 3rd Road, Nantou, TWN, 54067

Website

https://www.klb.com.tw

Kung Long Batteries Industrial Co Ltd is a Taiwan based company. The Company is primarily engaged in the manufacture and sales of lead-acid batteries. The company has production facilities in Taiwan and Vietnam. The products are offered for a wide range of applications: multipurpose, cycling high-power, electric car, deep-cycle, renewable energy, and solar energy.

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