KT&G (XKRX:033780) Accounts Payable & Accrued Expense : ₩2,128,520 Mil (As of Dec. 2023)

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What is KT&G Accounts Payable & Accrued Expense?

KT&G's quarterly accounts payable & accrued expense increased from Jun. 2023 (₩2,247,636 Mil) to Sep. 2023 (₩2,798,820 Mil) but then declined from Sep. 2023 (₩2,798,820 Mil) to Dec. 2023 (₩2,128,520 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

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Dec23

Accounts Payable & Accrued Expense

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1,199,957.54

1,564,180.08

1,645,398.49

2,077,298.00

2,128,520.00

KT&G 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															2,077,298.00	2,687,443.06	2,247,635.73	2,798,820.33	2,128,520.00

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 (XKRX:033780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » KT&G Corp (XKRX:033780) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

100, Pyong chon-dong, Daedeog-gu, Daejeon, KOR, 306-712

Website

http://www.ktng.com

KT&G primarily 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 primarily 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.

KT&G (XKRX:033780) Headlines

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