Grand Ocean Retail Group (TPE:5907) Accounts Payable & Accrued Expense : NT$2,197 Mil (As of Mar. 2025)

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What is Grand Ocean Retail Group Accounts Payable & Accrued Expense?

Grand Ocean Retail Group's quarterly accounts payable & accrued expense increased from Sep. 2024 (NT$2,244 Mil) to Dec. 2024 (NT$2,498 Mil) but then declined from Dec. 2024 (NT$2,498 Mil) to Mar. 2025 (NT$2,197 Mil).

Grand Ocean Retail Group's annual accounts payable & accrued expense increased from Dec. 2022 (NT$2,019 Mil) to Dec. 2023 (NT$2,629 Mil) but then declined from Dec. 2023 (NT$2,629 Mil) to Dec. 2024 (NT$2,498 Mil).

Grand Ocean Retail Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Grand Ocean Retail Group'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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Grand Ocean Retail Group Accounts Payable & Accrued Expense Chart

Grand Ocean Retail Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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3,050.07

2,935.76

2,018.98

2,629.31

2,498.05

Grand Ocean Retail Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,366.00	2,234.21	2,243.83	2,498.05	2,196.78

Grand Ocean Retail Group 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.

Grand Ocean Retail Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grand Ocean Retail Group Ltd (TPE:5907) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 237, Fuxing South Road, 14th Floor, Section 2, Da\'an District, Taipei, TWN, 106

Website

http://www.grandocean.com.tw

Grand Ocean Retail Group Ltd operates department stores in China. The company is engaged in the operation and management of department stores in Nanjing, Wuhan, Chongqing, Fuzhou, Suzhou, Quanzhou, Xiangtan, Hengyang, Yichang, and Hefei cities. It generates revenue from Commission and Commodity Sales. The main revenues of the group come from the department store retail business. It has fourteen department stores have been officially put into operation in nine cities including Shiyan (including Fuzhou Jiarui Xing's underground shopping mall business.

Grand Ocean Retail Group Headlines

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