Formosa Laboratories (TPE:4746) Accounts Payable & Accrued Expense : NT$1,015 Mil (As of Mar. 2024)

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What is Formosa Laboratories Accounts Payable & Accrued Expense?

Formosa Laboratories's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$907 Mil) to Dec. 2023 (NT$957 Mil) and increased from Dec. 2023 (NT$957 Mil) to Mar. 2024 (NT$1,015 Mil).

Formosa Laboratories's annual accounts payable & accrued expense increased from Dec. 2021 (NT$764 Mil) to Dec. 2022 (NT$912 Mil) and increased from Dec. 2022 (NT$912 Mil) to Dec. 2023 (NT$957 Mil).

Formosa Laboratories Accounts Payable & Accrued Expense Historical Data

The historical data trend for Formosa Laboratories'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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Formosa Laboratories Accounts Payable & Accrued Expense Chart

Formosa Laboratories Annual Data

Trend

Dec14

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Dec16

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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716.94

655.28

763.79

912.47

956.61

Formosa Laboratories 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															849.94	1,039.81	906.79	956.61	1,014.60

Formosa Laboratories 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.

Formosa Laboratories (TPE:4746) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Formosa Laboratories Inc (TPE:4746) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 36-1, Hoping Street, Louchu, Taoyuan, TWN, 33842

Website

https://www.formosalab.com

Formosa Laboratories Inc is primarily engaged in the wholesale and manufacturing of active pharmaceutical ingredients. The company geographically operates in India, Taiwan, Netherlands, Switzerland, Germany, Japan, China, Canada, United States, Spain and Others.

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