Cosmo Electronics (TPE:2466) Accounts Payable & Accrued Expense : NT$200 Mil (As of Mar. 2024)

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What is Cosmo Electronics Accounts Payable & Accrued Expense?

Cosmo Electronics's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$136 Mil) to Dec. 2023 (NT$119 Mil) but then increased from Dec. 2023 (NT$119 Mil) to Mar. 2024 (NT$200 Mil).

Cosmo Electronics's annual accounts payable & accrued expense increased from Dec. 2021 (NT$190 Mil) to Dec. 2022 (NT$221 Mil) but then declined from Dec. 2022 (NT$221 Mil) to Dec. 2023 (NT$119 Mil).

Cosmo Electronics Accounts Payable & Accrued Expense Historical Data

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

Cosmo Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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350.15

164.19

190.13

221.16

119.25

Cosmo 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															250.39	269.84	136.40	119.25	199.83

Cosmo 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.

Cosmo Electronics (TPE:2466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cosmo Electronics Corp (TPE:2466) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liancheng Road, No. 258, 11th Floor, Zhonghe District, New Taipei, TWN, 235

Website

https://www.cosmo-ic.com

Cosmo Electronics Corp is engaged in manufacture and sale of relays, photocouplers and LEDs, biomass energy, and land development business. The reportable operating segments of the company are Optoelectronics, Energy & Materials, Industrial Park Development and Others. Majority of revenue is generated from LED lighting segment.

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