Advanced Connection PCL (BKK:ACC) Accounts Payable & Accrued Expense : ฿31.0 Mil (As of Mar. 2024)

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What is Advanced Connection PCL Accounts Payable & Accrued Expense?

Advanced Connection PCL's quarterly accounts payable & accrued expense declined from Sep. 2023 (฿27.6 Mil) to Dec. 2023 (฿13.6 Mil) but then increased from Dec. 2023 (฿13.6 Mil) to Mar. 2024 (฿31.0 Mil).

Advanced Connection PCL's annual accounts payable & accrued expense declined from Dec. 2021 (฿23.1 Mil) to Dec. 2022 (฿13.5 Mil) but then increased from Dec. 2022 (฿13.5 Mil) to Dec. 2023 (฿13.6 Mil).

Advanced Connection PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advanced Connection 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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Advanced Connection PCL Accounts Payable & Accrued Expense Chart

Advanced Connection PCL Annual Data

Trend

Jul14

Jul15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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28.24

26.11

23.15

13.50

13.55

Advanced Connection PCL 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															26.45	37.17	27.56	13.55	30.97

Advanced Connection 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.

Advanced Connection PCL (BKK:ACC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Advanced Connection Corp PCL (BKK:ACC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 4 Road, 944 Mitrtown Office Tower, 16th Floor, Wangmai Pathumwan, Bangkok, THA, 10250

Website

https://www.acc-plc.com

Advanced Connection Corp PCL is engaged in manufacturing and distributing ceiling fans, renting property, banquets, and restaurants, property development, investment in alternative energy, and financing. The company's activities are; investment in renewable energy, real estate development, distribution, rental, lending and asset management, construction business, and commercial hemp business. Its business segments are; Construction contracts, Property development, Financing, Alternative energy, Trading, and Hemp and marijuana.