Michang Oil Ind Co (XKRX:003650) Accounts Payable : ₩30,869 Mil (As of Mar. 2024)

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What is Michang Oil Ind Co Accounts Payable?

Michang Oil Ind Co's Accounts Payable for the quarter that ended in Mar. 2024 was ₩30,869 Mil.

Michang Oil Ind Co's quarterly Accounts Payable declined from Sep. 2023 (₩26,516 Mil) to Dec. 2023 (₩21,713 Mil) but then increased from Dec. 2023 (₩21,713 Mil) to Mar. 2024 (₩30,869 Mil).

Michang Oil Ind Co's annual Accounts Payable declined from Dec. 2021 (₩22,136 Mil) to Dec. 2022 (₩19,310 Mil) but then increased from Dec. 2022 (₩19,310 Mil) to Dec. 2023 (₩21,713 Mil).

Michang Oil Ind Co Accounts Payable Historical Data

The historical data trend for Michang Oil Ind Co's Accounts Payable 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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Michang Oil Ind Co Accounts Payable Chart

Michang Oil Ind Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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25,660.16

17,802.38

22,136.38

19,309.89

21,713.40

Michang Oil Ind 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	Get a 7-Day Free Trial															25,825.28	18,383.74	26,515.73	21,713.40	30,869.50

Michang Oil Ind Co Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Michang Oil Ind Co Accounts Payable Related Terms

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Michang Oil Ind Co (XKRX:003650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Michang Oil Ind Co Ltd (XKRX:003650) » Definitions » Accounts Payable

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Traded in Other Exchanges

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Address

241, Haeyang-ro, Yeongdo-gu, Busan, KOR

Website

http://www.michang.co.kr

Michang Oil Ind Co Ltd is engaged in the petrochemical business in South Korea. It offers automotive lubricants, including premium motor, gasoline motor, diesel motor, and automotive gear oils, as well as auto transmission fluids and other application motor oils; and industrial lubricants, such as turbine, hydraulic, compressor, and industrial gear oils, as well as heat transfer fluids.

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