Tong Ming Enterprise Co (TPE:5538) Accounts Payable & Accrued Expense : NT$659 Mil (As of Mar. 2024)

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What is Tong Ming Enterprise Co Accounts Payable & Accrued Expense?

Tong Ming Enterprise Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$834 Mil) to Dec. 2023 (NT$808 Mil) and declined from Dec. 2023 (NT$808 Mil) to Mar. 2024 (NT$659 Mil).

Tong Ming Enterprise Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$975 Mil) to Dec. 2022 (NT$1,002 Mil) but then declined from Dec. 2022 (NT$1,002 Mil) to Dec. 2023 (NT$808 Mil).

Tong Ming Enterprise Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tong Ming Enterprise 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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Tong Ming Enterprise Co Accounts Payable & Accrued Expense Chart

Tong Ming Enterprise Co Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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627.04

550.54

974.63

1,001.92

807.52

Tong Ming Enterprise 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															1,036.32	1,253.73	833.51	807.52	659.38

Tong Ming Enterprise 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.

Tong Ming Enterprise Co (TPE:5538) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tong Ming Enterprise Co Ltd (TPE:5538) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Changsheng East Road, Economic Development Zone, Zhejiang Province, Jiaxing, CHN, 314003

Website

http://www.the.com.cn

Tong Ming Enterprise Co Ltd is specialized in manufacturing and selling brand stainless steel fasteners and wires. It derives the maximum revenue from Fasteners products. Geographically, the company operates in China. It serves industries such as curtain wall, high-speed rail, communication, new energy, shipbuilding, and foreign engineering projects.

Tong Ming Enterprise Co (TPE:5538) Headlines

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