Gold Rain Enterprises (ROCO:4503) Accounts Payable & Accrued Expense : NT$39.9 Mil (As of Mar. 2024)

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What is Gold Rain Enterprises Accounts Payable & Accrued Expense?

Gold Rain Enterprises's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$56.1 Mil) to Dec. 2023 (NT$53.4 Mil) and declined from Dec. 2023 (NT$53.4 Mil) to Mar. 2024 (NT$39.9 Mil).

Gold Rain Enterprises's annual accounts payable & accrued expense declined from Dec. 2021 (NT$24.3 Mil) to Dec. 2022 (NT$21.3 Mil) but then increased from Dec. 2022 (NT$21.3 Mil) to Dec. 2023 (NT$53.4 Mil).

Gold Rain Enterprises Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gold Rain Enterprises'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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Gold Rain Enterprises Accounts Payable & Accrued Expense Chart

Gold Rain Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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54.48

25.73

24.27

21.29

53.38

Gold Rain Enterprises 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															27.24	43.96	56.13	53.38	39.87

Gold Rain Enterprises 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.

Gold Rain Enterprises (ROCO:4503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gold Rain Enterprises Corp (ROCO:4503) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 101, Lane 411, PU-NEI Street, Yen-Ho Li, Chang Hua, TWN

Website

http://www.alona.com.tw

Gold Rain Enterprises Corp is a Taiwan based manufacturer of vending machines. It offers KIOSK information service machines comprising of digital vending machines, post machines, digital photo printers, knocking gamers, parking ticket machines, and coin meters. In addition to the research and development and manufacturing of vending machines, it provides a complete line of mechanical foundry and assembly services with complete production line tools, such as various types of molds, punching beds, laser cutting, painting, welding and assembly lines.

Gold Rain Enterprises (ROCO:4503) Headlines

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