Hon Hai Precision Industry Co (TPE:2317) Accounts Payable & Accrued Expense : NT$1,027,761 Mil (As of Mar. 2024)

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What is Hon Hai Precision Industry Co Accounts Payable & Accrued Expense?

Hon Hai Precision Industry Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$1,204,035 Mil) to Dec. 2023 (NT$1,145,229 Mil) and declined from Dec. 2023 (NT$1,145,229 Mil) to Mar. 2024 (NT$1,027,761 Mil).

Hon Hai Precision Industry Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$1,315,747 Mil) to Dec. 2022 (NT$1,340,279 Mil) but then declined from Dec. 2022 (NT$1,340,279 Mil) to Dec. 2023 (NT$1,145,229 Mil).

Hon Hai Precision Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hon Hai Precision Industry 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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Hon Hai Precision Industry Co Accounts Payable & Accrued Expense Chart

Hon Hai Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,142,452.14

1,309,774.10

1,315,747.16

1,340,278.93

1,145,228.74

Hon Hai Precision Industry Co 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															989,525.18	1,074,331.60	1,204,035.12	1,145,228.74	1,027,761.11

Hon Hai Precision Industry 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.

Hon Hai Precision Industry Co (TPE:2317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hon Hai Precision Industry Co Ltd (TPE:2317) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HNHPF:USA HHPDl:UK HHPD:UK HHP2:Germany

Address

No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236

Website

https://www.foxconn.com

Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co (TPE:2317) Headlines

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