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Cheil Industries (XKRX:001300) Accounts Payable & Accrued Expense : ₩2,776,826 Mil (As of Mar. 2016)


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What is Cheil Industries Accounts Payable & Accrued Expense?

Cheil Industries's quarterly accounts payable & accrued expense increased from Sep. 2015 (₩3,623,614 Mil) to Dec. 2015 (₩3,678,726 Mil) but then declined from Dec. 2015 (₩3,678,726 Mil) to Mar. 2016 (₩2,776,826 Mil).

Cheil Industries's annual accounts payable & accrued expense increased from Dec. 2013 (₩488,569 Mil) to Dec. 2014 (₩490,428 Mil) and increased from Dec. 2014 (₩490,428 Mil) to Dec. 2015 (₩3,678,726 Mil).


Cheil Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cheil Industries'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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Cheil Industries Accounts Payable & Accrued Expense Chart

Cheil Industries Annual Data
Trend Dec13 Dec14 Dec15
Accounts Payable & Accrued Expense
488,568.62 490,427.63 3,678,726.19

Cheil Industries Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 317,132.50 300,524.72 3,623,613.75 3,678,726.19 2,776,825.62

Cheil Industries 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.


Cheil Industries (XKRX:001300) Business Description

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Samsung C&T Corp was founded in 1938. The Company was formed from the merger of Samsung C&T Corporation ('Samsung C&T') and Cheil Industries Inc. The Company operates four business including engineering & construction, trading & investment, fashion and resort & construction. In the engineering & construction business it provides services including planning, design, purchasing, construction and management of buildings, civil infrastructure, power plants and housing & developments. The Company's trading & investment business includes trading of industrial commodities such as chemicals, steel and natural resources, and organizing projects such as power plant, renewable energy and infrastructure development. The Company also trades chemicals and industrial materials including fertilizer, mining chemicals, methanol and electronic materials, steel products including hot rolled steel, plate and automotive steel, and natural resources including coal and copper. It also operates palm plantation. The Company's fashion business is engaged in manufacturing and designing fashion products and offers brands including 8 Seconds, 10 Corso Como Seoul, Aann Demeulemeester, Beanpole Men, Beanpole Ladies, Beanpole Kids, Beanpole Golf, Beanpole Accessory, Beanpole Outdoor, Balmain, Beaker, Colombo, Comme Des Garcons, Galaxy, Giuseppe Zanotti, Kuho, Lansmere, Lebeige and Valextra. The Company's resort business is engaged in operating Everland & Caribbean Bay resorts and Golf Clubs; and also engaged in construction, plant, and landscaping businesses.

Cheil Industries (XKRX:001300) Headlines

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