Gigastorage (TPE:2406) Accounts Payable & Accrued Expense : NT$471 Mil (As of Mar. 2024)

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What is Gigastorage Accounts Payable & Accrued Expense?

Gigastorage's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$617 Mil) to Dec. 2023 (NT$788 Mil) but then declined from Dec. 2023 (NT$788 Mil) to Mar. 2024 (NT$471 Mil).

Gigastorage's annual accounts payable & accrued expense increased from Dec. 2021 (NT$492 Mil) to Dec. 2022 (NT$697 Mil) and increased from Dec. 2022 (NT$697 Mil) to Dec. 2023 (NT$788 Mil).

Gigastorage Accounts Payable & Accrued Expense Historical Data

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

Gigastorage Annual Data

Trend

Dec14

Dec15

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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594.16

1,162.02

492.46

697.01

787.69

Gigastorage 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															573.26	666.58	617.49	787.69	470.62

Gigastorage 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.

Gigastorage (TPE:2406) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Gigastorage Corp (TPE:2406) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 3, Industrial kung yen1st Road, Hsinchu industrial park, Hukou Township, Hsinchu, TWN, 30351

Website

http://www.gigastorage.com.tw

Gigastorage Corp is a Taiwan-based manufacturer of optoelectronic materials and silicon products. Its products include photovoltaic multi-crystalline wafers, photovoltaic ribbons, low temperature die attach pastes, insulation pastes, blood glucose strip conductive pastes and other biotech materials, photovoltaic systems, solar power stations, high efficiency coated milling cutters, and coated drills. A majority of the firm's revenue is generated in the Asia-Pacific region, with the rest coming from countries across the world.

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