GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hong Tai Electric Industrial Co Ltd (TPE:1612) » Definitions » Accounts Payable & Accrued Expense

Hong Tai Electric Industrial Co (TPE:1612) Accounts Payable & Accrued Expense : NT$523 Mil (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Hong Tai Electric Industrial Co Accounts Payable & Accrued Expense?

Hong Tai Electric Industrial Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$442 Mil) to Dec. 2023 (NT$667 Mil) but then declined from Dec. 2023 (NT$667 Mil) to Mar. 2024 (NT$523 Mil).

Hong Tai Electric Industrial Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$647 Mil) to Dec. 2022 (NT$698 Mil) but then declined from Dec. 2022 (NT$698 Mil) to Dec. 2023 (NT$667 Mil).


Hong Tai Electric Industrial Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hong Tai Electric 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.

* Premium members only.

Hong Tai Electric Industrial Co Accounts Payable & Accrued Expense Chart

Hong Tai Electric Industrial Co 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 380.65 508.44 646.79 697.55 667.32

Hong Tai Electric 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 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 605.68 879.20 442.08 667.32 522.74

Hong Tai Electric 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.


Hong Tai Electric Industrial Co (TPE:1612) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Guojian 1st Rd, Guanyin District, Taoyuan, TWN
Hong Tai Electric Industrial Co Ltd manufactures & distributes electric wires & cables. It provides cross-linked polyethylene power cables, communication wires & cables, copper-clad laminates, insulation materials, & photovoltaics among others. The Group is organized into business units based on their products and services and has three reportable operating departments as follows A Dept, B Dept, and other Operating Dept. The majority of revenue comes from B Dept.

Hong Tai Electric Industrial Co (TPE:1612) Headlines

No Headlines