Andes Technology (TPE:6533) Accounts Payable & Accrued Expense : NT$106 Mil (As of Mar. 2025)

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What is Andes Technology Accounts Payable & Accrued Expense?

Andes Technology's quarterly accounts payable & accrued expense increased from Sep. 2024 (NT$190 Mil) to Dec. 2024 (NT$196 Mil) but then declined from Dec. 2024 (NT$196 Mil) to Mar. 2025 (NT$106 Mil).

Andes Technology's annual accounts payable & accrued expense increased from Dec. 2022 (NT$205 Mil) to Dec. 2023 (NT$264 Mil) but then declined from Dec. 2023 (NT$264 Mil) to Dec. 2024 (NT$196 Mil).

Andes Technology Accounts Payable & Accrued Expense Historical Data

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

Andes Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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63.73

83.07

205.30

263.51

196.46

Andes Technology 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															213.80	231.12	189.59	196.46	105.60

Andes 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.

Andes Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Andes Technology Corp (TPE:6533) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Li-Hsin First Road, A1-4, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN, 300

Website

https://www.andestech.com

Andes Technology Corp is engaged in research and development, designing, manufacturing, and marketing of embedded processor intellectual property (IP), related hardware/software developing platform, and toolchains. The company solutions include AndeStar Architecture, AndesCore Processors, Andes Custom Extension, AndeShape Platforms, and others. It generates a vast majority of its revenues from the Licensing of CPU IP, followed by Royalty revenues, Custom Computing services, and Maintenance services.

Andes Technology Headlines

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