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Poongwon Precision Co (XKRX:371950) Accounts Payable & Accrued Expense : ₩13,029 Mil (As of Mar. 2024)


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What is Poongwon Precision Co Accounts Payable & Accrued Expense?

Poongwon Precision Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (₩11,585 Mil) to Dec. 2023 (₩9,282 Mil) but then increased from Dec. 2023 (₩9,282 Mil) to Mar. 2024 (₩13,029 Mil).

Poongwon Precision Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩5,795 Mil) to Dec. 2022 (₩10,107 Mil) but then declined from Dec. 2022 (₩10,107 Mil) to Dec. 2023 (₩9,282 Mil).


Poongwon Precision Co Accounts Payable & Accrued Expense Historical Data

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

Poongwon Precision Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 3,540.42 4,251.93 5,794.68 10,107.34 9,281.64

Poongwon Precision Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8,768.02 7,934.94 11,585.36 9,281.64 13,028.64

Poongwon Precision 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.


Poongwon Precision Co (XKRX:371950) Business Description

Industry
Traded in Other Exchanges
N/A
Address
24, Sandan-ro 35 Beon-gil, Danwon-gu, Gyeonggi-do, Ansan-si, KOR
Poongwon Precision Co Ltd is a display part manufacturer that produces and supplies key materials of the display manufacturing process. Its main products include OMM (Open Metal Mask), which is a vacuum deposition part of OLED display, FFM (Fine Metal Mask), SBM (Stick Bar Mask), and Metal Foil that is used in encapsulation of OLED TV.

Poongwon Precision Co (XKRX:371950) Headlines

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