Hotel Royal Chihpen Spa Co (ROCO:5704) Accounts Payable & Accrued Expense : NT$66.9 Mil (As of Mar. 2024)

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What is Hotel Royal Chihpen Spa Co Accounts Payable & Accrued Expense?

Hotel Royal Chihpen Spa Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$52.9 Mil) to Dec. 2023 (NT$84.8 Mil) but then declined from Dec. 2023 (NT$84.8 Mil) to Mar. 2024 (NT$66.9 Mil).

Hotel Royal Chihpen Spa Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$77.9 Mil) to Dec. 2022 (NT$90.5 Mil) but then declined from Dec. 2022 (NT$90.5 Mil) to Dec. 2023 (NT$84.8 Mil).

Hotel Royal Chihpen Spa Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hotel Royal Chihpen Spa Co'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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Hotel Royal Chihpen Spa Co Accounts Payable & Accrued Expense Chart

Hotel Royal Chihpen Spa Co Annual Data

Trend

Dec14

Dec15

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Dec18

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Dec20

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Dec22

Dec23

Accounts Payable & Accrued Expense

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59.81

81.39

77.86

90.48

84.84

Hotel Royal Chihpen Spa Co 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															165.02	149.16	52.94	84.84	66.86

Hotel Royal Chihpen Spa Co 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.

Hotel Royal Chihpen Spa Co (ROCO:5704) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hotel Royal Chihpen Spa Co Ltd (ROCO:5704) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.23, Lane 113, Long Chuien Road, Wen Chuien Village, Peinan Hsiang, Taitung, TWN, 954

Website

http://www.hotel-royal-chihpen.com.tw

Hotel Royal Chihpen provides lodging and restaurant services in Taiwan. Its hotels and resorts include Hotel Royal Hsinchu, Hotel Royal Chihpen, Hotel Royal Chiaohsi, Hotel Royal-Nikko Taipei and Hotel Royal Beitou, among others.

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