Chang Type Industrial Co (TPE:1541) Accounts Payable & Accrued Expense : NT$515 Mil (As of Mar. 2024)

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What is Chang Type Industrial Co Accounts Payable & Accrued Expense?

Chang Type Industrial Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$472 Mil) to Dec. 2023 (NT$556 Mil) but then declined from Dec. 2023 (NT$556 Mil) to Mar. 2024 (NT$515 Mil).

Chang Type Industrial Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$833 Mil) to Dec. 2022 (NT$443 Mil) but then increased from Dec. 2022 (NT$443 Mil) to Dec. 2023 (NT$556 Mil).

Chang Type Industrial Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chang Type 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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Chang Type Industrial Co Accounts Payable & Accrued Expense Chart

Chang Type Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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479.82

713.07

833.13

443.36

555.92

Chang Type 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															543.14	643.40	472.03	555.92	514.55

Chang Type 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.

Chang Type Industrial Co (TPE:1541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chang Type Industrial Co Ltd (TPE:1541) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 41, Nan-Tsuen Road, Ho-Li, Taichung, TWN, 42127

Website

https://www.toty.com.tw

Chang Type Industrial Co Ltd engages in manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. The Company is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.. The company's products include miter saws, scroll saws, radial arm saws and band saws and also manufacture motors, IC controls boards for power tools.

Chang Type Industrial Co (TPE:1541) Headlines

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