Polytronics Technology (TPE:6224) Accounts Payable & Accrued Expense : NT$563 Mil (As of Mar. 2024)

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What is Polytronics Technology Accounts Payable & Accrued Expense?

Polytronics Technology's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$488 Mil) to Dec. 2023 (NT$465 Mil) but then increased from Dec. 2023 (NT$465 Mil) to Mar. 2024 (NT$563 Mil).

Polytronics Technology's annual accounts payable & accrued expense declined from Dec. 2021 (NT$798 Mil) to Dec. 2022 (NT$519 Mil) and declined from Dec. 2022 (NT$519 Mil) to Dec. 2023 (NT$465 Mil).

Polytronics Technology Accounts Payable & Accrued Expense Historical Data

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

Polytronics Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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446.55

508.70

797.51

518.73

465.24

Polytronics Technology 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															548.32	421.65	487.62	465.24	562.84

Polytronics Technology 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.

Polytronics Technology (TPE:6224) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Polytronics Technology Corp (TPE:6224) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 24-1 Industry E. Road. IV, Hsinchu Science Park, Hsinchu, TWN, 300

Website

https://www.pttc.com.tw

Polytronics Technology Corp, along with its subsidiaries is engaged in the research, development, manufacturing, and sale of polymeric positive temperature coefficient, overvoltage protection elements and its production-related semi-finished goods, modules, heat conductive substrate, thermal module, heat dispersing materials, light emitting diode lighting, and modules. The company is based in the Taiwan region and offers its services to China, America, and other regions.

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