Chung-Hsin Electric & Machinery Mfg (TPE:1513) Accounts Payable & Accrued Expense : NT$5,091 Mil (As of Mar. 2024)

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What is Chung-Hsin Electric & Machinery Mfg Accounts Payable & Accrued Expense?

Chung-Hsin Electric & Machinery Mfg's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$4,778 Mil) to Dec. 2023 (NT$5,176 Mil) but then declined from Dec. 2023 (NT$5,176 Mil) to Mar. 2024 (NT$5,091 Mil).

Chung-Hsin Electric & Machinery Mfg's annual accounts payable & accrued expense increased from Dec. 2021 (NT$3,966 Mil) to Dec. 2022 (NT$5,867 Mil) but then declined from Dec. 2022 (NT$5,867 Mil) to Dec. 2023 (NT$5,176 Mil).

Chung-Hsin Electric & Machinery Mfg Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chung-Hsin Electric & Machinery Mfg'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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Chung-Hsin Electric & Machinery Mfg Accounts Payable & Accrued Expense Chart

Chung-Hsin Electric & Machinery Mfg Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,994.01

4,375.60

3,966.34

5,867.20

5,175.76

Chung-Hsin Electric & Machinery Mfg 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															5,916.35	5,860.65	4,777.92	5,175.76	5,090.86

Chung-Hsin Electric & Machinery Mfg 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.

Chung-Hsin Electric & Machinery Mfg (TPE:1513) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chung-Hsin Electric & Machinery Mfg Corp (TPE:1513) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 25, Wen-Te Road, Lo Shan Tsun, Guishan District, Taoyuan, TWN, 33383

Website

https://www.chem.com.tw

Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and other. The company generates maximum revenue from the Electricity Power segment.

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