Teco Electric & Machinery Co (LSE:TECD) Accounts Payable & Accrued Expense : $642 Mil (As of Mar. 2024)

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What is Teco Electric & Machinery Co Accounts Payable & Accrued Expense?

Teco Electric & Machinery Co's quarterly accounts payable & accrued expense increased from Sep. 2023 ($496 Mil) to Dec. 2023 ($516 Mil) and increased from Dec. 2023 ($516 Mil) to Mar. 2024 ($642 Mil).

Teco Electric & Machinery Co's annual accounts payable & accrued expense declined from Dec. 2021 ($560 Mil) to Dec. 2022 ($521 Mil) and declined from Dec. 2022 ($521 Mil) to Dec. 2023 ($516 Mil).

Teco Electric & Machinery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Teco Electric & Machinery 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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Teco Electric & Machinery Co Accounts Payable & Accrued Expense Chart

Teco Electric & Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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402.30

461.51

559.99

521.09

516.22

Teco Electric & Machinery 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															615.03	624.00	495.65	516.22	642.35

Teco Electric & Machinery 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.

Teco Electric & Machinery Co (LSE:TECD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Teco Electric & Machinery Co Ltd (LSE:TECD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

1504:Taiwan

Address

No. 19-9, San Chong Road, Nan-Kang, 5th Floor, Taipei, TWN, 11501

Website

https://www.teco.com.tw

Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units and electronic equipment products. The company's Heavy industrial products, the largest product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its sales from Taiwan.