New Asia Construction & Development (TPE:2516) Accounts Payable & Accrued Expense : NT$2,725 Mil (As of Mar. 2024)

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What is New Asia Construction & Development Accounts Payable & Accrued Expense?

New Asia Construction & Development's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$2,853 Mil) to Dec. 2023 (NT$3,197 Mil) but then declined from Dec. 2023 (NT$3,197 Mil) to Mar. 2024 (NT$2,725 Mil).

New Asia Construction & Development's annual accounts payable & accrued expense increased from Dec. 2021 (NT$2,421 Mil) to Dec. 2022 (NT$2,823 Mil) and increased from Dec. 2022 (NT$2,823 Mil) to Dec. 2023 (NT$3,197 Mil).

New Asia Construction & Development Accounts Payable & Accrued Expense Historical Data

The historical data trend for New Asia Construction & Development'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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New Asia Construction & Development Accounts Payable & Accrued Expense Chart

New Asia Construction & Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,885.68

2,605.86

2,420.78

2,822.85

3,197.08

New Asia Construction & Development 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															2,624.06	2,832.87	2,853.40	3,197.08	2,724.53

New Asia Construction & Development 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.

New Asia Construction & Development (TPE:2516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » New Asia Construction & Development Corp (TPE:2516) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

N0. 760, Section 4, Bade Road,, 15,16th floor,, Songshan District, Taipei, TWN

Website

http://www.newasia.com.tw

New Asia Construction & Development Corp operates in the engineering and construction industry. The company is engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing, or selling of heavy equipment and public housing, and office buildings and repairs. The company is also engaged in manufacturing and selling ready mixed concrete and asphalt concrete and investment.

New Asia Construction & Development (TPE:2516) Headlines

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