KL-Net (XKRX:039420) Accounts Payable & Accrued Expense : ₩4,379 Mil (As of Mar. 2024)

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What is KL-Net Accounts Payable & Accrued Expense?

KL-Net's quarterly accounts payable & accrued expense increased from Sep. 2023 (₩2,588 Mil) to Dec. 2023 (₩3,228 Mil) and increased from Dec. 2023 (₩3,228 Mil) to Mar. 2024 (₩4,379 Mil).

KL-Net's annual accounts payable & accrued expense increased from Dec. 2021 (₩3,099 Mil) to Dec. 2022 (₩5,703 Mil) but then declined from Dec. 2022 (₩5,703 Mil) to Dec. 2023 (₩3,228 Mil).

KL-Net Accounts Payable & Accrued Expense Historical Data

The historical data trend for KL-Net'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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KL-Net Accounts Payable & Accrued Expense Chart

KL-Net Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,013.06

2,018.00

3,099.15

5,703.24

3,227.55

KL-Net Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,814.38	3,199.69	2,587.80	3,227.55	4,379.03

KL-Net 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.

KL-Net (XKRX:039420) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KL-Net Corp (XKRX:039420) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

680-1 Yeoksan-Dong, Kangnam-Gu, Seoul, KOR, 135-080

Website

http://www.klnet.co.kr

KL-Net Corp is a South Korean company engaged in offering information technology services. The services offered by the company include electronic logistics, IT consulting, system integration, IT outsourcing, transportation logistics, and big data.

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