Global Tax Free Co (XKRX:204620) Accounts Payable & Accrued Expense : ₩25,764 Mil (As of Dec. 2023)

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What is Global Tax Free Co Accounts Payable & Accrued Expense?

Global Tax Free Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (₩19,092 Mil) to Sep. 2023 (₩25,777 Mil) but then declined from Sep. 2023 (₩25,777 Mil) to Dec. 2023 (₩25,764 Mil).

Global Tax Free Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩9,387 Mil) to Dec. 2022 (₩13,805 Mil) and increased from Dec. 2022 (₩13,805 Mil) to Dec. 2023 (₩25,764 Mil).

Global Tax Free Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Tax Free 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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Global Tax Free Co Accounts Payable & Accrued Expense Chart

Global Tax Free Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12,408.57

5,915.66

9,387.17

13,805.31

25,764.32

Global Tax Free 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															13,805.31	14,609.19	19,091.93	25,776.89	25,764.32

Global Tax Free 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.

Global Tax Free Co (XKRX:204620) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Tax Free Co Ltd (XKRX:204620) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

131, Teggeryo, Jung-gu, 9th Floor, Shinil Building, 64-5, Chungmuro ??2-ga, Seoul, KOR

Website

http://web.gtfetrs.com

Global Tax Free Co Ltd is a tax refund company. It offers refund services for foreign tourists in Korea. It provides refund services through electronic Tax Refund System.

Global Tax Free Co (XKRX:204620) Headlines

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