Radiant Opto-Electronics (TPE:6176) Accounts Payable & Accrued Expense : NT$16,098 Mil (As of Mar. 2024)

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What is Radiant Opto-Electronics Accounts Payable & Accrued Expense?

Radiant Opto-Electronics's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$16,933 Mil) to Dec. 2023 (NT$15,492 Mil) but then increased from Dec. 2023 (NT$15,492 Mil) to Mar. 2024 (NT$16,098 Mil).

Radiant Opto-Electronics's annual accounts payable & accrued expense declined from Dec. 2021 (NT$18,880 Mil) to Dec. 2022 (NT$18,109 Mil) and declined from Dec. 2022 (NT$18,109 Mil) to Dec. 2023 (NT$15,492 Mil).

Radiant Opto-Electronics Accounts Payable & Accrued Expense Historical Data

The historical data trend for Radiant Opto-Electronics'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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Radiant Opto-Electronics Accounts Payable & Accrued Expense Chart

Radiant Opto-Electronics Annual Data

Trend

Dec14

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Dec18

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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13,165.45

15,305.54

18,880.00

18,108.65

15,491.54

Radiant Opto-Electronics 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															11,795.44	18,267.47	16,932.62	15,491.54	16,097.60

Radiant Opto-Electronics 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.

Radiant Opto-Electronics (TPE:6176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Radiant Opto-Electronics Corp (TPE:6176) » Definitions » Accounts Payable & Accrued Expense

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Address

No. 1, Central 6th Road, Qianzhen District, Kaohsiung City, TWN

Website

https://www.radiant.com.tw

Radiant Opto-Electronics Corp is a Taiwan-based company that is principally engaged in designing, manufacturing, assembling, and marketing backlight modules. The Group has two reportable segments: the domestic segment and Mainland China segment. The domestic segment engages in the manufacture and sale of light guide plates, backlight modules for LCDs, and lighting component. The Mainland China segment uses the technologies provided by the domestic segment to develop new designs of products according to the demands of various customers. Majority of revenue is generated from Mainland China.

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