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Ace Edulink Co (ROCO:6764) Accounts Payable & Accrued Expense : NT$134 Mil (As of Dec. 2023)


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What is Ace Edulink Co Accounts Payable & Accrued Expense?

Ace Edulink Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (NT$130 Mil) to Jun. 2023 (NT$164 Mil) but then declined from Jun. 2023 (NT$164 Mil) to Dec. 2023 (NT$134 Mil).

Ace Edulink Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$133 Mil) to Dec. 2022 (NT$130 Mil) but then increased from Dec. 2022 (NT$130 Mil) to Dec. 2023 (NT$134 Mil).


Ace Edulink Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ace Edulink 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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Ace Edulink Co Accounts Payable & Accrued Expense Chart

Ace Edulink Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 121.28 121.91 132.87 129.56 133.99

Ace Edulink Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 132.87 128.62 129.56 163.61 133.99

Ace Edulink 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.


Ace Edulink Co (ROCO:6764) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lane 609, Section 5, Re-Route, 10th Floor, No. 4, Sanchong District, New Taipei, TWN
Ace Edulink Co Ltd offers educational services. It provides physical tutoring, scientific assessment system, teaching resource sharing platform, and administrative management system.

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