Wisdom Marine Lines Co (TPE:2637) Accounts Payable & Accrued Expense : NT$391 Mil (As of Sep. 2023)

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What is Wisdom Marine Lines Co Accounts Payable & Accrued Expense?

Wisdom Marine Lines Co's quarterly accounts payable & accrued expense declined from Mar. 2023 (NT$452 Mil) to Jun. 2023 (NT$384 Mil) but then increased from Jun. 2023 (NT$384 Mil) to Sep. 2023 (NT$391 Mil).

Wisdom Marine Lines Co's annual accounts payable & accrued expense declined from Dec. 2020 (NT$490 Mil) to Dec. 2021 (NT$284 Mil) but then increased from Dec. 2021 (NT$284 Mil) to Dec. 2022 (NT$395 Mil).

Wisdom Marine Lines Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wisdom Marine Lines 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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Wisdom Marine Lines Co Accounts Payable & Accrued Expense Chart

Wisdom Marine Lines Co Annual Data

Trend

Dec13

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Dec15

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Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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565.28

307.76

489.69

283.95

394.62

Wisdom Marine Lines Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															328.08	394.62	451.65	383.59	390.51

Wisdom Marine Lines 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.

Wisdom Marine Lines Co (TPE:2637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wisdom Marine Lines Co Ltd (TPE:2637) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Fushing South Road, 7th Floor, No. 237, Section 2, Room 711, Taipei, TWN, 10667

Website

http://www.wisdomlines.com.tw

Wisdom Marine Lines Co Ltd is a transportation and logistics company domiciled in Cayman Island. The company owns, maintains, and operates a fleet of marine transport vessels. Wisdom Marine Lines transports cargo, leases vessels, and provides shipping agency and management services. The company derives its revenue from the following six geographical areas: Japan, the Netherlands, Singapore, Denmark, Germany, and others. The company derives the largest portion of revenue from Singapore followed by Other areas, Japan, the Netherlands, Germany, and Denmark.

Wisdom Marine Lines Co (TPE:2637) Headlines

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