Sahamit Machinery PCL (BKK:SMIT) Accounts Payable & Accrued Expense : ฿129 Mil (As of Mar. 2024)

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What is Sahamit Machinery PCL Accounts Payable & Accrued Expense?

Sahamit Machinery PCL's quarterly accounts payable & accrued expense increased from Sep. 2023 (฿142 Mil) to Dec. 2023 (฿155 Mil) but then declined from Dec. 2023 (฿155 Mil) to Mar. 2024 (฿129 Mil).

Sahamit Machinery PCL's annual accounts payable & accrued expense declined from Dec. 2021 (฿241 Mil) to Dec. 2022 (฿185 Mil) and declined from Dec. 2022 (฿185 Mil) to Dec. 2023 (฿155 Mil).

Sahamit Machinery PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sahamit Machinery 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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Sahamit Machinery PCL Accounts Payable & Accrued Expense Chart

Sahamit Machinery PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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138.79

150.66

241.44

184.91

155.02

Sahamit Machinery 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															159.84	136.76	142.11	155.02	128.67

Sahamit Machinery 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.

Sahamit Machinery PCL (BKK:SMIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sahamit Machinery PCL (BKK:SMIT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

42, 48 Soi chokchaijongjumroen Rama 3 Road, Bangpongpang, Yannawa, Bangkok, THA, 10120

Website

http://www.sahamit.co.th

Sahamit Machinery PCL is a thailand-based company engaged in the distribution of industrial machinery and equipment. It operates in five product groups: special steels, machine tools and tooling, pulp and paper, machinery and equipment for wood processing, and electrical engineering. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others. Steel and Heat treatment include special tool steels, carbonitriding, Annealing, machinery, and carbon steels contribute majority revenue of the firm. Machine tools and tooling products include electrical discharge machine, milling cutters, and inserts for milling. It mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.