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NAVER (XKRX:035420) Accounts Payable & Accrued Expense : ₩1,968,576 Mil (As of Mar. 2024)


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What is NAVER Accounts Payable & Accrued Expense?

NAVER's quarterly accounts payable & accrued expense increased from Sep. 2023 (₩1,544,007 Mil) to Dec. 2023 (₩1,819,090 Mil) and increased from Dec. 2023 (₩1,819,090 Mil) to Mar. 2024 (₩1,968,576 Mil).

NAVER's annual accounts payable & accrued expense increased from Dec. 2021 (₩1,264,670 Mil) to Dec. 2022 (₩1,390,903 Mil) and increased from Dec. 2022 (₩1,390,903 Mil) to Dec. 2023 (₩1,819,090 Mil).


NAVER Accounts Payable & Accrued Expense Historical Data

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

NAVER 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 1,175,779.03 907,354.43 1,264,670.33 1,390,902.69 1,819,089.95

NAVER 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 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 1,672,971.62 1,322,336.49 1,544,007.19 1,819,089.95 1,968,575.82

NAVER 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.


NAVER (XKRX:035420) Business Description

Traded in Other Exchanges
N/A
Address
6, Buljeong-ro, Seongnam, Gyeonggi, Bundang-gu, KOR
Naver has been the leading search portal in South Korea for many years. The company has also been evolving into an internet platform providing a variety of internet services, such as news, dictionary, maps, digital comic content, social networking, e-commerce, videos, fintech services based on online payments, and Cloud services. Naver was also the incubator of Line, the leading mobile messaging app in Japan, Taiwan, Thailand, and Indonesia, which merged with Z Holdings (Yahoo Japan), with Naver now owning 32.5% of the merged entity. Snow, the Snapchat-like mobile app launched in 2015, has also been well received in South Korea, Japan, and other Asian countries.

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