Lotte Chemical (XKRX:011170) Accounts Payable & Accrued Expense : ₩2,114,579 Mil (As of Mar. 2024)

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What is Lotte Chemical Accounts Payable & Accrued Expense?

Lotte Chemical's quarterly accounts payable & accrued expense declined from Sep. 2023 (₩2,035,526 Mil) to Dec. 2023 (₩1,954,077 Mil) but then increased from Dec. 2023 (₩1,954,077 Mil) to Mar. 2024 (₩2,114,579 Mil).

Lotte Chemical's annual accounts payable & accrued expense declined from Dec. 2021 (₩2,165,347 Mil) to Dec. 2022 (₩2,134,144 Mil) and declined from Dec. 2022 (₩2,134,144 Mil) to Dec. 2023 (₩1,954,077 Mil).

Lotte Chemical Accounts Payable & Accrued Expense Historical Data

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

Lotte Chemical Annual Data

Trend

Dec14

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,246,067.23

1,147,110.11

2,165,347.08

2,134,143.69

1,954,076.66

Lotte Chemical 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															2,109,752.76	1,776,758.23	2,035,526.25	1,954,076.66	2,114,578.55

Lotte Chemical 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.

Lotte Chemical (XKRX:011170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lotte Chemical Corp (XKRX:011170) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

300 Olympic-ro, 14th Floor-16th Floor, Lotte World Tower, Songpa-gu, Seoul, KOR

Website

http://www.lottechem.com

Lotte Chemical Corp is one of the largest chemical companies in Asia. It manufactures a variety of chemicals which include polyethylene, polypropylene, functional resin, ethylene oxide/ethylene glycol, butadiene, benzene, and Toluene. Its products are used in various industry applications such as coating materials, automotive parts, and detergent.

Lotte Chemical (XKRX:011170) Headlines

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