Hankook (XKRX:000240) Accounts Payable & Accrued Expense : ₩179,337 Mil (As of Mar. 2024)

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What is Hankook Accounts Payable & Accrued Expense?

Hankook's quarterly accounts payable & accrued expense increased from Sep. 2023 (₩97,474 Mil) to Dec. 2023 (₩106,600 Mil) and increased from Dec. 2023 (₩106,600 Mil) to Mar. 2024 (₩179,337 Mil).

Hankook's annual accounts payable & accrued expense declined from Dec. 2021 (₩94,790 Mil) to Dec. 2022 (₩92,608 Mil) but then increased from Dec. 2022 (₩92,608 Mil) to Dec. 2023 (₩106,600 Mil).

Hankook Accounts Payable & Accrued Expense Historical Data

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

Hankook Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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58,057.90

81,949.00

94,790.04

92,607.61

106,600.50

Hankook 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															154,808.32	99,671.34	97,474.12	106,600.50	179,336.61

Hankook 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.

Hankook (XKRX:000240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hankook & Co (XKRX:000240) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

133 Teheran-ro, Gangnam-gu, Seoul, KOR

Website

https://www.hankookandcompany.com

Hankook & Co formerly Hankook Technology Group Co Ltd manufactures and sells a variety of tires under the Hankook, Laufenn, Aurora, and Kingstar brand names. The firm's tires are used for passenger cars, suburban utility vehicles and light trucks, commercial trucks and buses, and race cars. Hankook Tire sells tires directly to automobile manufacturers and for replacement and aftermarket use. The majority of sales come from replacement and aftermarket use. More revenue comes from Europe than any other geography, followed by the Americas region.

Hankook (XKRX:000240) Headlines

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