Somboon Advance Technology PCL (BKK:SAT) Accounts Payable & Accrued Expense : ฿1,768 Mil (As of Mar. 2024)

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What is Somboon Advance Technology PCL Accounts Payable & Accrued Expense?

Somboon Advance Technology PCL's quarterly accounts payable & accrued expense declined from Sep. 2023 (฿2,053 Mil) to Dec. 2023 (฿1,755 Mil) but then increased from Dec. 2023 (฿1,755 Mil) to Mar. 2024 (฿1,768 Mil).

Somboon Advance Technology PCL's annual accounts payable & accrued expense increased from Dec. 2021 (฿1,880 Mil) to Dec. 2022 (฿2,041 Mil) but then declined from Dec. 2022 (฿2,041 Mil) to Dec. 2023 (฿1,755 Mil).

Somboon Advance Technology PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Somboon Advance Technology PCL'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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Somboon Advance Technology PCL Accounts Payable & Accrued Expense Chart

Somboon Advance Technology PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,435.15

1,415.53

1,879.56

2,040.89

1,754.73

Somboon Advance Technology PCL 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															2,263.54	2,028.32	2,053.35	1,754.73	1,768.22

Somboon Advance Technology PCL 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.

Somboon Advance Technology PCL (BKK:SAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Somboon Advance Technology PCL (BKK:SAT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PSQ:Germany

Address

No. 129 Moo 2, Bangna-Trad Road, Tambol Bangchalong, Amphoe Bang Phli, Samutprakarn, THA, 10540

Website

https://www.satpcl.co.th

Somboon Advance Technology PCL is a Thailand based company engaged in the manufacture and distribution of motor vehicle parts. The principal businesses of the company are the manufacture of pick-up axles and truck trunnion shafts. It manufactures parts for passenger cars, pickup trucks, trucks and agricultural machinery. Its products include axle shafts, disc brakes, drum brakes, exhaust manifolds, leaf springs, stabilizer bars, hot coil springs, and other related products. The group has two reportable segments namely, Pick-up axles and truck trunnion shafts, and Other auto parts. The majority of the revenue is generated from the Other auto parts segment.

Somboon Advance Technology PCL (BKK:SAT) Headlines

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