Cheng Shin Rubber Industry Co (TPE:2105) Accounts Payable & Accrued Expense : NT$18,931 Mil (As of Mar. 2024)

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What is Cheng Shin Rubber Industry Co Accounts Payable & Accrued Expense?

Cheng Shin Rubber Industry Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (NT$15,633 Mil) to Sep. 2023 (NT$13,041 Mil) but then increased from Sep. 2023 (NT$13,041 Mil) to Mar. 2024 (NT$18,931 Mil).

Cheng Shin Rubber Industry Co's annual accounts payable & accrued expense declined from Dec. 2020 (NT$15,345 Mil) to Dec. 2021 (NT$13,964 Mil) and declined from Dec. 2021 (NT$13,964 Mil) to Dec. 2022 (NT$13,630 Mil).

Cheng Shin Rubber Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cheng Shin Rubber Industry 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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Cheng Shin Rubber Industry Co Accounts Payable & Accrued Expense Chart

Cheng Shin Rubber Industry Co Annual Data

Trend

Dec13

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Accounts Payable & Accrued Expense

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15,929.38

14,136.73

15,344.82

13,964.44

13,629.54

Cheng Shin Rubber Industry Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13,629.54	17,602.56	15,632.93	13,041.47	18,931.14

Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co (TPE:2105) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cheng Shin Rubber Industry Co Ltd (TPE:2105) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 215, Meigang Road, Dacun Township, Changhua, TWN, 51545

Website

https://www.cst.com.tw

Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and other rubber products and the manufacturing and trading of various rubber products and relevant rubber machinery. The main sources of sales revenue are from the assembly plants and dealers. Its geographical segments are Taiwan, China, the United States, and Others.

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