Shinpoong (XKRX:002870) Accounts Payable & Accrued Expense : ₩1,427 Mil (As of Dec. 2023)

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What is Shinpoong Accounts Payable & Accrued Expense?

Shinpoong's quarterly accounts payable & accrued expense declined from Jun. 2023 (₩7,386 Mil) to Sep. 2023 (₩6,289 Mil) and declined from Sep. 2023 (₩6,289 Mil) to Dec. 2023 (₩1,427 Mil).

Shinpoong's annual accounts payable & accrued expense increased from Dec. 2021 (₩959 Mil) to Dec. 2022 (₩8,965 Mil) but then declined from Dec. 2022 (₩8,965 Mil) to Dec. 2023 (₩1,427 Mil).

Shinpoong Accounts Payable & Accrued Expense Historical Data

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

Shinpoong Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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14,757.78

1,673.70

958.73

8,965.36

1,426.60

Shinpoong Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8,965.36	10,887.85	7,386.26	6,289.44	1,426.60

Shinpoong 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.

Shinpoong (XKRX:002870) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shinpoong Inc (XKRX:002870) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

55, Pyeongtaekhang-ro 268beon-gil, Poseung-eup, Gyeonggi-do, Pyeongtaek-si, KOR

Website

https://www.spinc.co.kr

Shinpoong Inc is a South Korea based company engaged in producing and selling paper products. It offers duplex board products that are used for packaging foods, electronic products, tissues, cleansers, and toys.

Shinpoong (XKRX:002870) Headlines

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