Ruentex Materials Co (TPE:8463) Accounts Payable & Accrued Expense : NT$960 Mil (As of Mar. 2024)

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What is Ruentex Materials Co Accounts Payable & Accrued Expense?

Ruentex Materials Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$944 Mil) to Dec. 2023 (NT$1,026 Mil) but then declined from Dec. 2023 (NT$1,026 Mil) to Mar. 2024 (NT$960 Mil).

Ruentex Materials Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$613 Mil) to Dec. 2022 (NT$869 Mil) and increased from Dec. 2022 (NT$869 Mil) to Dec. 2023 (NT$1,026 Mil).

Ruentex Materials Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ruentex Materials 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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Ruentex Materials Co Accounts Payable & Accrued Expense Chart

Ruentex Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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594.69

635.13

612.89

869.13

1,026.47

Ruentex Materials 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															814.15	919.77	943.80	1,026.47	960.50

Ruentex Materials 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.

Ruentex Materials Co (TPE:8463) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ruentex Materials Co Ltd (TPE:8463) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 308, Section 2, Bade Road, 10th Floor, Taipei, TWN

Website

http://www.rtm.com.tw

Ruentex Materials Co Ltd is engaged in the manufacturing and sale of semi-finished cement products. The company is also engaged in mining, manufacturing, and distribution of cement raw materials and mining and distribution of mineral ore, quarrying, building materials development, manufacture, and distribution, manufacture, and sale of clay used for wall primer, powder coating material, tile adhesive, self-leveling cement, and dry-mixed cement mortar applications The product portfolio of the company includes Portland blast furnace cement, Portland cement, Hearth powder, Mortar, and Elastic Cement among others.

Ruentex Materials Co (TPE:8463) Headlines

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