Sercomm (TPE:5388) Accounts Payable & Accrued Expense : NT$22,223 Mil (As of Mar. 2024)

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What is Sercomm Accounts Payable & Accrued Expense?

Sercomm's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$21,277 Mil) to Dec. 2023 (NT$21,964 Mil) and increased from Dec. 2023 (NT$21,964 Mil) to Mar. 2024 (NT$22,223 Mil).

Sercomm's annual accounts payable & accrued expense increased from Dec. 2021 (NT$16,396 Mil) to Dec. 2022 (NT$22,331 Mil) but then declined from Dec. 2022 (NT$22,331 Mil) to Dec. 2023 (NT$21,964 Mil).

Sercomm Accounts Payable & Accrued Expense Historical Data

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

Sercomm Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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13,018.50

15,742.39

16,395.66

22,331.29

21,964.08

Sercomm 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															21,650.10	19,625.32	21,276.84	21,964.08	22,223.42

Sercomm 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.

Sercomm (TPE:5388) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sercomm Corp (TPE:5388) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 3-1, YuanQu Street (Nankang Software Park), 8th Floor, Nan Kang, Taipei, TWN, 115

Website

https://www.sercomm.com

Sercomm Corporation is a provider of broadband networking software. The Company is primarily engaged in research and development, manufacturing and sales of networking communication software and equipment. Its mainstream products include Fixed mobile convergence products, Enterprise, Home gateway, IoT Solutions and Others. The firm has research centers in Taiwan and China and owns patented technologies.

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