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Infinite Finance Co (ROCO:6958) Accounts Payable & Accrued Expense : NT$656 Mil (As of Dec. 2023)


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What is Infinite Finance Co Accounts Payable & Accrued Expense?

Infinite Finance Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (NT$838 Mil) to Jun. 2023 (NT$479 Mil) but then increased from Jun. 2023 (NT$479 Mil) to Dec. 2023 (NT$656 Mil).

Infinite Finance Co's annual accounts payable & accrued expense increased from . 20 (NT$0 Mil) to Dec. 2022 (NT$838 Mil) but then declined from Dec. 2022 (NT$838 Mil) to Dec. 2023 (NT$656 Mil).


Infinite Finance Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Infinite Finance 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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Infinite Finance Co Accounts Payable & Accrued Expense Chart

Infinite Finance Co Annual Data
Trend Dec22 Dec23
Accounts Payable & Accrued Expense
838.44 656.23

Infinite Finance Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense - 838.44 478.96 656.23

Infinite Finance 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.


Infinite Finance Co (ROCO:6958) Business Description

Traded in Other Exchanges
N/A
Address
No.68, Songjiang Road, 7th Floor, Zhongshan District, Taipei, TWN
Infinite Finance Co Ltd provides various types of vehicle loans for heavy vehicles, tour buses, vans and small passenger cars, Its operations comprise procurement loans for heavy vehicles, tour buses, vans and small passenger cars; procurement loans and leasing services for various types of construction and engineering equipment include cranes, excavators, loaders, stackers, piling machines; letter of credit for imported machinery services; green energy financing and other services.

Infinite Finance Co (ROCO:6958) Headlines

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