Hiwin Mikrosystem (TPE:4576) Accounts Payable & Accrued Expense : NT$826 Mil (As of Mar. 2024)

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What is Hiwin Mikrosystem Accounts Payable & Accrued Expense?

Hiwin Mikrosystem's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$861 Mil) to Dec. 2023 (NT$915 Mil) but then declined from Dec. 2023 (NT$915 Mil) to Mar. 2024 (NT$826 Mil).

Hiwin Mikrosystem's annual accounts payable & accrued expense declined from Dec. 2021 (NT$961 Mil) to Dec. 2022 (NT$837 Mil) but then increased from Dec. 2022 (NT$837 Mil) to Dec. 2023 (NT$915 Mil).

Hiwin Mikrosystem Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hiwin Mikrosystem'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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Hiwin Mikrosystem Accounts Payable & Accrued Expense Chart

Hiwin Mikrosystem Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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669.57

613.60

961.29

837.49

915.08

Hiwin Mikrosystem 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															863.12	910.66	861.19	915.08	826.15

Hiwin Mikrosystem 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.

Hiwin Mikrosystem (TPE:4576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hiwin Mikrosystem Corp (TPE:4576) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.6, Jingke Central Road, Chuen She Village, Nantun District, Taichung, TWN

Website

https://www.hiwinmikro.com.tw

Hiwin Mikrosystem Corp is engaged in manufactures, repairs and sells a variety of motors, drives and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motor, single axis motor, among other. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation.

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