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Hiwin Technologies (TPE:2049) Accounts Payable & Accrued Expense : NT$6,162 Mil (As of Mar. 2024)


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What is Hiwin Technologies Accounts Payable & Accrued Expense?

Hiwin Technologies's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$5,958 Mil) to Dec. 2023 (NT$5,422 Mil) but then increased from Dec. 2023 (NT$5,422 Mil) to Mar. 2024 (NT$6,162 Mil).

Hiwin Technologies's annual accounts payable & accrued expense declined from Dec. 2021 (NT$7,618 Mil) to Dec. 2022 (NT$6,353 Mil) and declined from Dec. 2022 (NT$6,353 Mil) to Dec. 2023 (NT$5,422 Mil).


Hiwin Technologies Accounts Payable & Accrued Expense Historical Data

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

Hiwin Technologies 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 3,961.05 5,252.85 7,618.31 6,353.03 5,421.77

Hiwin Technologies 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 7,749.01 7,831.85 5,957.85 5,421.77 6,161.63

Hiwin Technologies 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.


Hiwin Technologies (TPE:2049) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Jingke Road, Taichung Precision Machinery Park, Taichung, TWN, 408225
Hiwin Technologies Corp manufactures linear guideways used in precision positioning, guiding, and measuring applications. Other products include ball screws for industrial machinery, which turn rotary motion into linear motion, and linear actuators utilizing a gear system to transform motor-powered rotary movement into linear movement. The end market for Hiwin is Taiwan, followed by smaller markets in Germany, Japan, and the United States. The Group's reportable segments are linear guideways, ballscrews and others. Majority of revenue is generated from Linear guideways segment.

Hiwin Technologies (TPE:2049) Headlines

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