Hocheng (TPE:1810) Accounts Payable & Accrued Expense : NT$914 Mil (As of Mar. 2024)

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What is Hocheng Accounts Payable & Accrued Expense?

Hocheng's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$1,011 Mil) to Dec. 2023 (NT$1,126 Mil) but then declined from Dec. 2023 (NT$1,126 Mil) to Mar. 2024 (NT$914 Mil).

Hocheng's annual accounts payable & accrued expense declined from Dec. 2021 (NT$1,131 Mil) to Dec. 2022 (NT$1,069 Mil) but then increased from Dec. 2022 (NT$1,069 Mil) to Dec. 2023 (NT$1,126 Mil).

Hocheng Accounts Payable & Accrued Expense Historical Data

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

Hocheng Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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904.45

1,013.13

1,130.85

1,068.76

1,125.59

Hocheng 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															902.10	1,031.61	1,010.76	1,125.59	913.96

Hocheng 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.

Hocheng (TPE:1810) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hocheng Corp (TPE:1810) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 398, Xingshan Road, First floor, Neihu District, Taipei, TWN, 11469

Website

https://www.hcg.com.tw

Hocheng Corp is a Taiwan-based company, that engages in the manufacture and sale of bathroom fixtures, kitchen equipment, and shower enclosures. The company products include hygiene porcelains, water supply copper wares, bathtubs and table boards, toilet covers, kitchenware, and ceramic plates, among others. Its hygiene porcelains include toilets, water tanks, washbasins, sewage basins, and urine buckets. The Group has four reportable departments: the Taiwan business department, the investment department, the China business department, and the Philippine business department.

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