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KT&G (XKRX:033780) Accounts Payable & Accrued Expense : ₩2,507,686 Mil (As of Sep. 2024)


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What is KT&G Accounts Payable & Accrued Expense?

KT&G's quarterly accounts payable & accrued expense declined from Mar. 2024 (₩3,029,018 Mil) to Jun. 2024 (₩2,694,379 Mil) and declined from Jun. 2024 (₩2,694,379 Mil) to Sep. 2024 (₩2,507,686 Mil).

KT&G's annual accounts payable & accrued expense increased from Dec. 2021 (₩1,645,398 Mil) to Dec. 2022 (₩2,077,298 Mil) and increased from Dec. 2022 (₩2,077,298 Mil) to Dec. 2023 (₩2,128,520 Mil).

KT&G Accounts Payable & Accrued Expense Historical Data

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

KT&G Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,199,957.54 1,564,180.08 1,645,398.49 2,077,298.00 2,128,520.00

KT&G Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,798,820.33 2,128,520.00 3,029,018.00 2,694,379.00 2,507,686.00

KT&G 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.

KT&G Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » KT&G Corp (XKRX:033780) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
100, Pyong chon-dong, Daedeog-gu, Daejeon, KOR, 306-712
Website
http://www.ktng.com
KT&G Corp manufactures and sells tobacco products in South Korea. Its flagship cigarette brand is Esse. Other brands include This, The One, Bohem, and Raison. More than two thirds of the company's revenue come from tobacco sales in South Korea. Tobacco sales outside of South Korea generate another fourth of the company's total revenue and are generated in the Middle East and Asia, although the company sells its product in roughly 50 countries spanning the globe. The remaining company sales are from KT&G's businesses that invest in real estate and sell ginseng products, cosmetics, and pharmaceuticals.

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