Cheryong Electric Co (XKRX:033100) Accounts Payable & Accrued Expense : ₩29,944 Mil (As of Dec. 2023)

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What is Cheryong Electric Co Accounts Payable & Accrued Expense?

Cheryong Electric Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (₩23,499 Mil) to Sep. 2023 (₩24,635 Mil) and increased from Sep. 2023 (₩24,635 Mil) to Dec. 2023 (₩29,944 Mil).

Cheryong Electric Co's annual accounts payable & accrued expense declined from Dec. 2021 (₩13,250 Mil) to Dec. 2022 (₩12,950 Mil) but then increased from Dec. 2022 (₩12,950 Mil) to Dec. 2023 (₩29,944 Mil).

Cheryong Electric Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cheryong Electric 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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Cheryong Electric Co Accounts Payable & Accrued Expense Chart

Cheryong Electric Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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4,806.59

9,431.72

13,249.59

12,949.84

29,944.44

Cheryong Electric Co 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															12,949.84	23,754.13	23,498.99	24,634.85	29,944.44

Cheryong Electric 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.

Cheryong Electric Co (XKRX:033100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cheryong Electric Co Ltd (XKRX:033100) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

628 Achasan-ro, Gwangjin-gu, SEOUL, KOR, 143-210

Website

http://www.cheryong.co.kr

Cheryong Electric Co Ltd is a manufacturer and distributor of transmission and substation materials, distribution equipment, underground ship materials and communication equipment in South Korea.

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