Thai Energy Storage Technology PCL (BKK:3K-BAT) Accounts Payable & Accrued Expense : ฿453 Mil (As of Mar. 2024)

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What is Thai Energy Storage Technology PCL Accounts Payable & Accrued Expense?

Thai Energy Storage Technology PCL's quarterly accounts payable & accrued expense increased from Sep. 2023 (฿489 Mil) to Dec. 2023 (฿523 Mil) but then declined from Dec. 2023 (฿523 Mil) to Mar. 2024 (฿453 Mil).

Thai Energy Storage Technology PCL's annual accounts payable & accrued expense declined from Dec. 2021 (฿637 Mil) to Mar. 2023 (฿442 Mil) but then increased from Mar. 2023 (฿442 Mil) to Mar. 2024 (฿453 Mil).

Thai Energy Storage Technology PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Thai Energy Storage Technology PCL'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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Thai Energy Storage Technology PCL Accounts Payable & Accrued Expense Chart

Thai Energy Storage Technology PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Mar23

Mar24

Accounts Payable & Accrued Expense

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573.19

540.24

637.44

442.05

453.22

Thai Energy Storage Technology PCL Quarterly Data
	Dec18	Jun19	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															442.05	484.01	488.95	522.98	453.22

Thai Energy Storage Technology PCL 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.

Thai Energy Storage Technology PCL (BKK:3K-BAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thai Energy Storage Technology PCL (BKK:3K-BAT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

387 Moo 4, Sukhumvit Road, Mueang Samut Prakan District, Praekasa Sub-District, Samut Prakan, THA, 10280

Website

https://www.3kbattery.com

Thai Energy Storage Technology PCL is engaged in the manufacturing of batteries. It provides Automotive batteries, Motorcycle Battery, Traction Battery, ED Battery, and Lighting batteries among other products. The company's operations are carried on only in Thailand, with an international customer base.

Thai Energy Storage Technology PCL (BKK:3K-BAT) Headlines

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