Powertech Technology (LUX:PWRCT) Accounts Payable & Accrued Expense : $288 Mil (As of Mar. 2024)

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What is Powertech Technology Accounts Payable & Accrued Expense?

Powertech Technology's quarterly accounts payable & accrued expense increased from Sep. 2023 ($216 Mil) to Dec. 2023 ($254 Mil) and increased from Dec. 2023 ($254 Mil) to Mar. 2024 ($288 Mil).

Powertech Technology's annual accounts payable & accrued expense declined from Dec. 2021 ($462 Mil) to Dec. 2022 ($311 Mil) and declined from Dec. 2022 ($311 Mil) to Dec. 2023 ($254 Mil).

Powertech Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Powertech Technology'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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Powertech Technology Accounts Payable & Accrued Expense Chart

Powertech Technology Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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362.00

288.22

461.78

310.63

254.06

Powertech Technology 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															259.09	419.35	215.97	254.06	288.23

Powertech Technology 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.

Powertech Technology (LUX:PWRCT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Powertech Technology Inc (LUX:PWRCT) » Definitions » Accounts Payable & Accrued Expense

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6239:Taiwan

Address

No.10, Datong Road, HuKou, Hsinchu Industrial Park, Hsinchu, TWN, 30352

Website

https://www.pti.com.tw

Powertech Technology Inc is mainly engaged in the manufacturing, packaging, testing, researching and developing, designing, assembling and selling of various integrated circuit products. PTI also provides semiconductor testing and assembly services on a turnkey basis, in which PTI buys fabricated wafers and sells tested and assembled semiconductors. Geographically, the majority of revenue is derived from Japan & Taiwan. The company serves international customers with services including chip bumping, chip probing, IC assembly, final testing, burn-in, and system-level assembly.

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