Hung Ching Developmentnstruction Co (TPE:2527) Accounts Payable & Accrued Expense : NT$2,616 Mil (As of Mar. 2024)

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What is Hung Ching Developmentnstruction Co Accounts Payable & Accrued Expense?

Hung Ching Developmentnstruction Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$1,068 Mil) to Dec. 2023 (NT$1,024 Mil) but then increased from Dec. 2023 (NT$1,024 Mil) to Mar. 2024 (NT$2,616 Mil).

Hung Ching Developmentnstruction Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$929 Mil) to Dec. 2022 (NT$850 Mil) but then increased from Dec. 2022 (NT$850 Mil) to Dec. 2023 (NT$1,024 Mil).

Hung Ching Developmentnstruction Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hung Ching Developmentnstruction 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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Hung Ching Developmentnstruction Co Accounts Payable & Accrued Expense Chart

Hung Ching Developmentnstruction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,348.75

1,105.19

929.31

849.66

1,023.69

Hung Ching Developmentnstruction Co 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															1,094.69	1,074.64	1,067.74	1,023.69	2,616.40

Hung Ching Developmentnstruction 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.

Hung Ching Developmentnstruction Co (TPE:2527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hung Ching Development & Construction Co Ltd (TPE:2527) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keelung Road, 10th Floor, No.420, Section 1, Taipei, TWN

Website

http://www.asehcc.com.tw

Hung Ching Development & Construction Co Ltd is a Taiwan-based real estate company. It is engaged in the construction of national residential and commercial buildings for rent and sale. It is also engaged in the trading of various building materials. Reporting segments of the Group are divided into Real estate development, Construction, and Lease; Real estate is the key revenue driver for the company. Real estate development conducting sales of residential and commercial property and plant. Construction provides the building of residential and commercial property and plants. The leasing segment includes the lease of investment property.

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