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Hsin Kuang Steel Co (TPE:2031) Accounts Payable & Accrued Expense : NT$1,924 Mil (As of Mar. 2024)


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What is Hsin Kuang Steel Co Accounts Payable & Accrued Expense?

Hsin Kuang Steel Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$838 Mil) to Dec. 2023 (NT$824 Mil) but then increased from Dec. 2023 (NT$824 Mil) to Mar. 2024 (NT$1,924 Mil).

Hsin Kuang Steel Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$1,244 Mil) to Dec. 2022 (NT$775 Mil) but then increased from Dec. 2022 (NT$775 Mil) to Dec. 2023 (NT$824 Mil).


Hsin Kuang Steel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hsin Kuang Steel 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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Hsin Kuang Steel Co Accounts Payable & Accrued Expense Chart

Hsin Kuang Steel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 170.10 514.75 1,243.88 775.48 823.58

Hsin Kuang Steel 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 965.27 1,134.60 838.19 823.58 1,924.40

Hsin Kuang Steel 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.


Hsin Kuang Steel Co (TPE:2031) Business Description

Industry
Traded in Other Exchanges
N/A
Address
25th Floor, 97 Chongming Road, Section 4, Sanchong District, New Taipei City, TWN
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and sale of steel products, including steel coils, steel plates, stainless steel, alloy steel and special steel. Geographically, the business activities are carried out across Taiwan.

Hsin Kuang Steel Co (TPE:2031) Headlines

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