Ring Net Co (XKRX:042500) Accounts Payable & Accrued Expense : ₩26,431 Mil (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Ring Net Co Accounts Payable & Accrued Expense?

Ring Net Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (₩29,945 Mil) to Dec. 2023 (₩34,297 Mil) but then declined from Dec. 2023 (₩34,297 Mil) to Mar. 2024 (₩26,431 Mil).

Ring Net Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩34,120 Mil) to Dec. 2022 (₩44,158 Mil) but then declined from Dec. 2022 (₩44,158 Mil) to Dec. 2023 (₩34,297 Mil).

Ring Net Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ring Net 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.

* Premium members only.

Ring Net Co Accounts Payable & Accrued Expense Chart

Ring Net Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

26,774.78

33,511.98

34,119.80

44,158.49

34,296.57

Ring Net Co 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															33,232.16	23,083.72	29,944.74	34,296.57	26,430.77

Ring Net 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.

Ring Net Co (XKRX:042500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ring Net Co Ltd (XKRX:042500) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, No. 409, Samsung IT Valley, 4th Floor, Guro-gu, Seoul, KOR

Website

http://www.ringnet.co.kr

Ring Net Co Ltd is a specialized ICT service company. It offers solutions in the business areas of Network integration, System integration, Advanced service, Cloud, Collaboration and Security. System integration establishes an optimum information system through convergence and integration of complex IT resources; Network Integration relates to building network architecture and optimizing network infrastructure; Advanced Service provides services according to IT life cycle for consulting, construction, maintenance, and optimization; Cloud service provides virtualization, server and storage solutions for cloud computing environments; Collaboration covers IT telephony, unified communication, video conference and CCTV solution; and Security area provides security solutions.

Ring Net Co (XKRX:042500) Headlines

No Headlines