Asia Cement (TPE:1102) Accounts Payable & Accrued Expense : NT$12,152 Mil (As of Dec. 2023)

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What is Asia Cement Accounts Payable & Accrued Expense?

Asia Cement's quarterly accounts payable & accrued expense declined from Jun. 2023 (NT$20,456 Mil) to Sep. 2023 (NT$12,662 Mil) and declined from Sep. 2023 (NT$12,662 Mil) to Dec. 2023 (NT$12,152 Mil).

Asia Cement's annual accounts payable & accrued expense declined from Dec. 2021 (NT$15,209 Mil) to Dec. 2022 (NT$12,417 Mil) and declined from Dec. 2022 (NT$12,417 Mil) to Dec. 2023 (NT$12,152 Mil).

Asia Cement Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asia Cement'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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Asia Cement Accounts Payable & Accrued Expense Chart

Asia Cement Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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17,023.66

12,896.35

15,208.88

12,417.00

12,151.96

Asia Cement Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															12,417.00	20,216.09	20,455.53	12,662.28	12,151.96

Asia Cement 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.

Asia Cement (TPE:1102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Asia Cement Corp (TPE:1102) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 207, Dunhua South Road, 30th-31st Floor, Section 2, Daan District, Taipei, TWN, 106

Website

https://www.acc.com.tw

Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries. The firm also provides a range of services that include industrial plant development, real estate, real estate leasing, warehousing, parking management, waste disposal, and international trade. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, plaster, and silica sand. The majority of revenue comes from Taiwan and China. Its reportable segments are as follows: Cement, electric power, investment, engineering, transportation, stainless steel, and leasing.

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