Hotai Motor Co (TPE:2207) Accounts Payable & Accrued Expense : NT$33,654 Mil (As of Mar. 2024)

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What is Hotai Motor Co Accounts Payable & Accrued Expense?

Hotai Motor Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$16,731 Mil) to Dec. 2023 (NT$20,787 Mil) and increased from Dec. 2023 (NT$20,787 Mil) to Mar. 2024 (NT$33,654 Mil).

Hotai Motor Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$15,830 Mil) to Dec. 2022 (NT$16,989 Mil) and increased from Dec. 2022 (NT$16,989 Mil) to Dec. 2023 (NT$20,787 Mil).

Hotai Motor Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hotai Motor 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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Hotai Motor Co Accounts Payable & Accrued Expense Chart

Hotai Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15,775.54

16,121.34

15,830.21

16,989.20

20,787.01

Hotai Motor 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															23,472.47	21,343.87	16,730.51	20,787.01	33,653.89

Hotai Motor 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.

Hotai Motor Co (TPE:2207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hotai Motor Co Ltd (TPE:2207) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 121 Sung Chiang Road, 8th-14th Floor, Taipei, TWN

Website

https://www.hotaimotor.com.tw

Hotai Motor Co Ltd is an automobile distribution company domiciled in Taiwan. The company distributes new and used passenger vehicles under the Toyota and Lexus brands; commercial vehicles, including trucks, under the Toyota and HINO brands; and Toyota industrial equipment. It earns more than half its sales from HINO- and Toyota-branded products. In addition to vehicle sales, Hotai Motor provides leasing and financing services, insurance, vehicle accessories, and vehicle servicing. Its segments include the Distributor of Toyota and Hino products segments, Installment trading, Leasing, Property insurance, overseas sales agent and other segments. It has operations across both Taiwan and mainland China, with the vast majority of revenue derived domestically.

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