Kwang Jin Industry Co (XKRX:026910) Accounts Payable & Accrued Expense : ₩3,020 Mil (As of Mar. 2025)

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What is Kwang Jin Industry Co Accounts Payable & Accrued Expense?

Kwang Jin Industry Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (₩2,364 Mil) to Dec. 2024 (₩2,220 Mil) but then increased from Dec. 2024 (₩2,220 Mil) to Mar. 2025 (₩3,020 Mil).

Kwang Jin Industry Co's annual accounts payable & accrued expense declined from Dec. 2022 (₩4,055 Mil) to Dec. 2023 (₩2,845 Mil) and declined from Dec. 2023 (₩2,845 Mil) to Dec. 2024 (₩2,220 Mil).

Kwang Jin Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kwang Jin Industry 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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Kwang Jin Industry Co Accounts Payable & Accrued Expense Chart

Kwang Jin Industry Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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2,099.50

2,479.24

4,054.67

2,844.96

2,220.01

Kwang Jin Industry Co 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															2,587.20	2,700.39	2,363.67	2,220.01	3,020.13

Kwang Jin Industry 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.

Kwang Jin Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kwang Jin Industry Co Ltd (XKRX:026910) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

370-103 Shinpyeong-dong, Saha-gu, Busan, KOR, 604-030

Website

http://www.kjsteel.co.kr

Kwang Jin Industry Co Ltd is a South Korea-based company engaged in the manufacturing of steel profiles. The company's products portfolio includes hot rolled bars, round steel bars, rectangular steel bars, peeling steel bars, hexagonal steel bars and linear motion guide rails used in automotive facilities, shipbuilding industries, automobile parts, medical equipment, industrial robots, and others.

Kwang Jin Industry Co Headlines

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