Lotes Co (TPE:3533) Accounts Payable & Accrued Expense : NT$5,064 Mil (As of Mar. 2024)

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What is Lotes Co Accounts Payable & Accrued Expense?

Lotes Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (NT$7,214 Mil) to Sep. 2023 (NT$5,052 Mil) but then increased from Sep. 2023 (NT$5,052 Mil) to Mar. 2024 (NT$5,064 Mil).

Lotes Co's annual accounts payable & accrued expense increased from Dec. 2020 (NT$4,213 Mil) to Dec. 2021 (NT$5,283 Mil) and increased from Dec. 2021 (NT$5,283 Mil) to Dec. 2022 (NT$5,586 Mil).

Lotes Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lotes 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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Lotes Co Accounts Payable & Accrued Expense Chart

Lotes Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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2,800.73

3,286.38

4,213.38

5,282.87

5,585.54

Lotes Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,585.54	4,737.51	7,213.79	5,051.97	5,064.04

Lotes 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.

Lotes Co (TPE:3533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lotes Co Ltd (TPE:3533) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 15, Wuxun Street, Anle District, Keelung, TWN, 204

Website

https://www.lotes.cc

Lotes Co Ltd is a Taiwan-based manufacturer of precision electronic interconnect components and hardware. Its connectors and other electronic components are used in the manufacture of notebooks, desktop computers, communication devices, mobile phones, and other products. It distributes its products within the domestic market and overseas markets.

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