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Model Solution Co (XKRX:417970) Accounts Payable & Accrued Expense : ₩3,974 Mil (As of Mar. 2024)


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What is Model Solution Co Accounts Payable & Accrued Expense?

Model Solution Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (₩3,789 Mil) to Dec. 2023 (₩4,889 Mil) but then declined from Dec. 2023 (₩4,889 Mil) to Mar. 2024 (₩3,974 Mil).

Model Solution Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩6,066 Mil) to Dec. 2022 (₩7,043 Mil) but then declined from Dec. 2022 (₩7,043 Mil) to Dec. 2023 (₩4,889 Mil).


Model Solution Co Accounts Payable & Accrued Expense Historical Data

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

Model Solution 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 4,498.96 3,617.45 6,066.27 7,042.98 4,888.60

Model Solution Co Quarterly Data
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 6,149.23 3,700.73 3,788.72 4,888.60 3,974.14

Model Solution 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.


Model Solution Co (XKRX:417970) Business Description

Traded in Other Exchanges
N/A
Address
24, Cherry Blossom-ro 20-gil, Geumcheon-gu, Seoul, KOR, 08582
Model Solution Co Ltd manufactures and supports prototypes of new products that incorporate cutting-edge technologies such as IT devices, electronic products, and medical/healthcare devices through a variety of solutions including rapid prototypes, precision machining, quick-turn tooling and molding.

Model Solution Co (XKRX:417970) Headlines

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