SinoPac Financial Holdings Co (TPE:2890) Accounts Payable & Accrued Expense : NT$74,237 Mil (As of Mar. 2024)

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What is SinoPac Financial Holdings Co Accounts Payable & Accrued Expense?

SinoPac Financial Holdings Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$66,886 Mil) to Dec. 2023 (NT$62,015 Mil) but then increased from Dec. 2023 (NT$62,015 Mil) to Mar. 2024 (NT$74,237 Mil).

SinoPac Financial Holdings Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$57,953 Mil) to Dec. 2022 (NT$52,001 Mil) but then increased from Dec. 2022 (NT$52,001 Mil) to Dec. 2023 (NT$62,015 Mil).

SinoPac Financial Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for SinoPac Financial Holdings 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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SinoPac Financial Holdings Co Accounts Payable & Accrued Expense Chart

SinoPac Financial Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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40,401.14

51,935.69

57,952.86

52,001.04

62,014.75

SinoPac Financial Holdings 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															56,691.00	67,056.23	66,886.35	62,014.75	74,237.20

SinoPac Financial Holdings 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.

SinoPac Financial Holdings Co (TPE:2890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SinoPac Financial Holdings Co Ltd (TPE:2890) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 308, Bade Road, Section 2, 3rd Floor, 5th to 13th Floor and No. 306 and 6th Floor 1, 6th Floor 2, Zhongshan District, Taipei, TWN, 104

Website

https://www.sinopac.com

SinoPac Financial Holdings Co Ltd is a Taiwan-based financial holdings company. The company's business segments consist of the banking business, which includes Bank SinoPac and its subsidiaries, and offers investment, insurance agent, insurance brokerage, and other services; the securities business, which includes SinoPac Securities and its subsidiaries, and offers securities trading, investment consulting, asset management, and other services; and the other business segment, which conducts businesses through a number of other subsidiaries. The company generates its revenue from the banking business. The company has a business presence in Taiwan, the United States, Asia, and other countries, with Taiwan accounting for the majority of its revenue.

SinoPac Financial Holdings Co (TPE:2890) Headlines

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