Lohakit Metal PCL (BKK:LHK) Accounts Payable & Accrued Expense : ฿397 Mil (As of Mar. 2024)

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What is Lohakit Metal PCL Accounts Payable & Accrued Expense?

Lohakit Metal PCL's quarterly accounts payable & accrued expense declined from Sep. 2023 (฿410 Mil) to Dec. 2023 (฿374 Mil) but then increased from Dec. 2023 (฿374 Mil) to Mar. 2024 (฿397 Mil).

Lohakit Metal PCL's annual accounts payable & accrued expense declined from Mar. 2022 (฿557 Mil) to Mar. 2023 (฿425 Mil) and declined from Mar. 2023 (฿425 Mil) to Mar. 2024 (฿397 Mil).

Lohakit Metal PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lohakit Metal 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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Lohakit Metal PCL Accounts Payable & Accrued Expense Chart

Lohakit Metal PCL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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374.71

365.59

557.15

425.49

396.85

Lohakit Metal 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															425.49	333.78	410.07	373.66	396.85

Lohakit Metal 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.

Lohakit Metal PCL (BKK:LHK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lohakit Metal PCL (BKK:LHK) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130

Website

https://www.lohakit.co.th

Lohakit Metal PCL is engaged in the processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It offers cold and hot rolled, austenitic, ferritic, and specialized stainless-steel products; ornamental tubes, square and rectangular tubes, automotive pipe, electro-galvanized steel, and galvanized steel products. The company's operating segments include Production and Distribution; and Procurement and Distribution. The company generates the majority of its revenues from Production and Distribution.

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