Solar Applied Materials Technology (ROCO:1785) Accounts Payable & Accrued Expense : NT$2,470 Mil (As of Mar. 2024)

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What is Solar Applied Materials Technology Accounts Payable & Accrued Expense?

Solar Applied Materials Technology's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$1,636 Mil) to Dec. 2023 (NT$2,254 Mil) and increased from Dec. 2023 (NT$2,254 Mil) to Mar. 2024 (NT$2,470 Mil).

Solar Applied Materials Technology's annual accounts payable & accrued expense increased from Dec. 2021 (NT$2,118 Mil) to Dec. 2022 (NT$2,522 Mil) but then declined from Dec. 2022 (NT$2,522 Mil) to Dec. 2023 (NT$2,254 Mil).

Solar Applied Materials Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Solar Applied Materials Technology'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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Solar Applied Materials Technology Accounts Payable & Accrued Expense Chart

Solar Applied Materials Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,061.79

1,067.87

2,118.03

2,521.51

2,253.53

Solar Applied Materials Technology 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															2,032.54	2,786.40	1,636.01	2,253.53	2,469.92

Solar Applied Materials Technology 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.

Solar Applied Materials Technology (ROCO:1785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solar Applied Materials Technology Corp (ROCO:1785) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955

Website

https://www.solartech.com.tw

Solar Applied Materials Technology Corp is an optical data storage thin-film manufacturer. It is engaged in precious metal and rare material refining, special forming, and processing. The company offers key materials and integrated service models to customers for application in optoelectronics, information, petrochemicals, and consumer electronics industries. The products of the firm are classified into four categories, namely precious chemicals, and materials; special chemicals; resources recycling; and targets for thin film application. The group operates In Taiwan and internationally.

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