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Hwacheon Machinery Co (XKRX:010660) Accounts Payable & Accrued Expense : ₩20,618 Mil (As of Dec. 2023)


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What is Hwacheon Machinery Co Accounts Payable & Accrued Expense?

Hwacheon Machinery Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (₩23,149 Mil) to Sep. 2023 (₩16,717 Mil) but then increased from Sep. 2023 (₩16,717 Mil) to Dec. 2023 (₩20,618 Mil).

Hwacheon Machinery Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩19,830 Mil) to Dec. 2022 (₩24,862 Mil) but then declined from Dec. 2022 (₩24,862 Mil) to Dec. 2023 (₩20,618 Mil).


Hwacheon Machinery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hwacheon Machinery 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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Hwacheon Machinery Co Accounts Payable & Accrued Expense Chart

Hwacheon Machinery 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 20,663.32 15,831.04 19,830.07 24,862.41 20,618.03

Hwacheon Machinery Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24,862.41 22,585.41 23,149.03 16,717.14 20,618.03

Hwacheon Machinery 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.


Hwacheon Machinery Co (XKRX:010660) Business Description

Traded in Other Exchanges
N/A
Address
1022-7, Bangbae-dong, Seocho-Ku, Seoul, KOR
Hwacheon Machinery Co Ltd is a South Korea-based company engaged in the manufacturing and distribution of machine tools. Its products consist of machine centers, including vertical, horizontal and multi-tasking machine centers; computer numerical control (CNC) turning centers, including vertical, horizontal, twin-spindle and process-integrated turning centers; general and special purpose machines, including lathes, milling machines, grinding machines and drilling machines, and automobile parts, such as engine parts, cylinder blocks, cylinder heads and crankshafts.

Hwacheon Machinery Co (XKRX:010660) Headlines

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