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Cenit Co (XKRX:037760) Accounts Payable & Accrued Expense : ₩19,882 Mil (As of Jun. 2024)


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What is Cenit Co Accounts Payable & Accrued Expense?

Cenit Co's quarterly accounts payable & accrued expense declined from Dec. 2023 (₩18,323 Mil) to Mar. 2024 (₩15,998 Mil) but then increased from Mar. 2024 (₩15,998 Mil) to Jun. 2024 (₩19,882 Mil).

Cenit Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩17,002 Mil) to Dec. 2022 (₩18,156 Mil) and increased from Dec. 2022 (₩18,156 Mil) to Dec. 2023 (₩18,323 Mil).


Cenit Co Accounts Payable & Accrued Expense Historical Data

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

Cenit Co 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 14,993.28 21,210.47 17,001.93 18,156.11 18,322.60

Cenit Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 19,044.67 18,731.45 18,322.60 15,997.97 19,882.45

Cenit 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.


Cenit Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Cenit Co Ltd (XKRX:037760) » Definitions » Accounts Payable & Accrued Expense
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Address
1344-21 Seocho-dong, 2F Ilsuk Building, Seocho-gu, Seoul, KOR
Cenit Co Ltd is involved in manufacturing and selling cold-rolled stainless-steel coils and straps in South Korea. It offers stainless steel coils in a range of sizes and grades to electronics, construction, household appliances, automotive vehicles, and industrial equipment industries.

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