Union Bank of Taiwan (TPE:2838) Accounts Payable & Accrued Expense : NT$10,820 Mil (As of Mar. 2024)

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What is Union Bank of Taiwan Accounts Payable & Accrued Expense?

Union Bank of Taiwan's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$11,805 Mil) to Dec. 2023 (NT$9,393 Mil) but then increased from Dec. 2023 (NT$9,393 Mil) to Mar. 2024 (NT$10,820 Mil).

Union Bank of Taiwan's annual accounts payable & accrued expense declined from Dec. 2021 (NT$8,971 Mil) to Dec. 2022 (NT$7,917 Mil) but then increased from Dec. 2022 (NT$7,917 Mil) to Dec. 2023 (NT$9,393 Mil).

Union Bank of Taiwan Accounts Payable & Accrued Expense Historical Data

The historical data trend for Union Bank of Taiwan'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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Union Bank of Taiwan Accounts Payable & Accrued Expense Chart

Union Bank of Taiwan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,985.02

5,715.58

8,971.44

7,917.43

9,393.26

Union Bank of Taiwan 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															7,748.74	8,023.64	11,804.76	9,393.26	10,819.59

Union Bank of Taiwan 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.

Union Bank of Taiwan (TPE:2838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank of Taiwan (TPE:2838) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

2838A.PFD:Taiwan

Address

Minsheng East Road, Songshan District, 1st Floor, 2nd Floor, No. 109, Sec. 3, Taipei, TWN

Website

https://www.ubot.com.tw

Union Bank of Taiwan provides various banking products and services to its customers in Taiwan. Company's reportable segments are as follows, 1) Corporate banking unit includes Corporate banking, foreign exchange business, debt management and public treasury business, etc. 2) Consumer banking unit includes Consumer banking, financial management and loan business, credit card business and car-loan business, etc. 3) Wealth management and trust unit includes Wealth management and trust business, etc. 4) Investing unit includes Investing business in the financial market, etc. 5) Leasing unit includes Leasing of vehicles, buildings, etc.

Union Bank of Taiwan (TPE:2838) Headlines

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