Greatek Electronics (TPE:2441) Accounts Payable & Accrued Expense : NT$1,062 Mil (As of Mar. 2024)

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What is Greatek Electronics Accounts Payable & Accrued Expense?

Greatek Electronics's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$896 Mil) to Dec. 2023 (NT$981 Mil) and increased from Dec. 2023 (NT$981 Mil) to Mar. 2024 (NT$1,062 Mil).

Greatek Electronics's annual accounts payable & accrued expense declined from Dec. 2021 (NT$3,064 Mil) to Dec. 2022 (NT$817 Mil) but then increased from Dec. 2022 (NT$817 Mil) to Dec. 2023 (NT$981 Mil).

Greatek Electronics Accounts Payable & Accrued Expense Historical Data

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

Greatek Electronics Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,418.21

1,726.79

3,064.16

816.68

981.44

Greatek Electronics 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															1,261.84	3,139.27	896.23	981.44	1,061.53

Greatek Electronics 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.

Greatek Electronics (TPE:2441) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Greatek Electronics Inc (TPE:2441) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.136 Gongyi Road, Zhunan Town, Miaoli County, Miaoli, TWN

Website

https://www.greatek.com.tw

Greatek Electronics Inc is engaged in assembling, packaging, and testing semiconductors. The firm operates in two main segments: assembly services and testing services. Over half of revenue comes from the assembly services segment. The assembly services segment provides lead-frame bases for conductors, produces copper wires, and builds semiconductors through contract agreements. The testing services segment runs experiments and completes final tests of semiconductors. The majority of Greatek's revenue is made in Taiwan.

Greatek Electronics (TPE:2441) Headlines

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