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InfoBank (XKRX:039290) Accounts Payable & Accrued Expense : ₩16,267 Mil (As of Sep. 2024)


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What is InfoBank Accounts Payable & Accrued Expense?

InfoBank's quarterly accounts payable & accrued expense declined from Mar. 2024 (₩24,033 Mil) to Jun. 2024 (₩19,937 Mil) and declined from Jun. 2024 (₩19,937 Mil) to Sep. 2024 (₩16,267 Mil).

InfoBank's annual accounts payable & accrued expense increased from Dec. 2021 (₩16,733 Mil) to Dec. 2022 (₩19,799 Mil) but then declined from Dec. 2022 (₩19,799 Mil) to Dec. 2023 (₩18,483 Mil).


InfoBank Accounts Payable & Accrued Expense Historical Data

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

InfoBank 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 9,777.83 10,596.41 16,733.24 19,799.32 18,482.67

InfoBank 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 21,911.35 18,482.67 24,033.15 19,936.55 16,266.76

InfoBank 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.


InfoBank Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » InfoBank Corp (XKRX:039290) » Definitions » Accounts Payable & Accrued Expense
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Address
12, A Dong, U Space 1, 660, Daewangpangyo-Ro, Bundang-Gu, Seongnam, KOR, 135-914
InfoBank Corp is involved in providing mobile applications in South Korea. The company offers iMessage, a messaging service for corporate use; iMedia, a Web real-time communication service to participation broadcasting with text message; iMotors, an autonomous vehicle solution; iCC, a smartphone service; eiFin, a messaging service for corporate use and other services.

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