Ekarat Engineering PCL (BKK:AKR) Accounts Payable & Accrued Expense : ฿315 Mil (As of Mar. 2024)

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What is Ekarat Engineering PCL Accounts Payable & Accrued Expense?

Ekarat Engineering PCL's quarterly accounts payable & accrued expense declined from Sep. 2023 (฿292 Mil) to Dec. 2023 (฿228 Mil) but then increased from Dec. 2023 (฿228 Mil) to Mar. 2024 (฿315 Mil).

Ekarat Engineering PCL's annual accounts payable & accrued expense increased from Dec. 2021 (฿283 Mil) to Dec. 2022 (฿293 Mil) but then declined from Dec. 2022 (฿293 Mil) to Dec. 2023 (฿228 Mil).

Ekarat Engineering PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ekarat Engineering 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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Ekarat Engineering PCL Accounts Payable & Accrued Expense Chart

Ekarat Engineering PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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249.88

140.59

283.17

293.44

228.17

Ekarat Engineering 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															243.68	237.12	292.09	228.17	315.37

Ekarat Engineering 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.

Ekarat Engineering PCL (BKK:AKR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

9/291 UM Tower, Ramkhamhaeng Road, 28th Floor, Suanluang, Suanluang, Bangkok, THA, 10250

Website

https://www.ekarat.co.th

Ekarat Engineering PCL is engaged in manufacturing and distribution of transformers and solar farms. Its segments include Goods production and distribution; Services; Installation of a solar panel; and Electricity. It derives the majority of the revenue from the Goods production and distribution segment.