Ve Wong (TPE:1203) Accounts Payable & Accrued Expense : NT$897 Mil (As of Mar. 2024)

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What is Ve Wong Accounts Payable & Accrued Expense?

Ve Wong's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$1,002 Mil) to Dec. 2023 (NT$873 Mil) but then increased from Dec. 2023 (NT$873 Mil) to Mar. 2024 (NT$897 Mil).

Ve Wong's annual accounts payable & accrued expense increased from Dec. 2021 (NT$832 Mil) to Dec. 2022 (NT$856 Mil) and increased from Dec. 2022 (NT$856 Mil) to Dec. 2023 (NT$873 Mil).

Ve Wong Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ve Wong'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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Ve Wong Accounts Payable & Accrued Expense Chart

Ve Wong Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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768.94

671.16

832.22

856.38

872.57

Ve Wong 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															845.10	961.70	1,001.60	872.57	896.58

Ve Wong 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.

Ve Wong (TPE:1203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ve Wong Corp (TPE:1203) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 79, Section 2, Zhongshan North Road, 5th Floor, Taipei, TWN

Website

https://www.vewong.com

Ve Wong Corp manufactures and distributes food products. The company is in the production and sales of monosodium glutamate, soy sauce, instant noodles, canned food, and beverages, as well as residential and building development, leasing and sales, industrial plant development, leasing and sales, investment, and construction of public construction, and import of foreign tobacco, alcohol, and beverages.

Ve Wong (TPE:1203) Headlines

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