Grand Pacific Petrochemical (TPE:1312) Accounts Payable & Accrued Expense : NT$1,431 Mil (As of Mar. 2024)

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What is Grand Pacific Petrochemical Accounts Payable & Accrued Expense?

Grand Pacific Petrochemical's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$1,834 Mil) to Dec. 2023 (NT$2,621 Mil) but then declined from Dec. 2023 (NT$2,621 Mil) to Mar. 2024 (NT$1,431 Mil).

Grand Pacific Petrochemical's annual accounts payable & accrued expense declined from Dec. 2021 (NT$3,459 Mil) to Dec. 2022 (NT$2,165 Mil) but then increased from Dec. 2022 (NT$2,165 Mil) to Dec. 2023 (NT$2,621 Mil).

Grand Pacific Petrochemical Accounts Payable & Accrued Expense Historical Data

The historical data trend for Grand Pacific Petrochemical'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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Grand Pacific Petrochemical Accounts Payable & Accrued Expense Chart

Grand Pacific Petrochemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,275.70

2,258.57

3,459.45

2,164.85

2,620.80

Grand Pacific Petrochemical 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															2,331.08	2,231.42	1,834.37	2,620.80	1,430.85

Grand Pacific Petrochemical 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.

Grand Pacific Petrochemical (TPE:1312) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Grand Pacific Petrochemical Corp (TPE:1312) » Definitions » Accounts Payable & Accrued Expense

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1312A:Taiwan

Address

No. 4, Xinggong Road, Dashe District, Kaohsiung City, TWN, 81567

Website

https://www.gppc.com.tw

Grand Pacific Petrochemical Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm makes its products from petroleum. The company sells polystyrene resins, which are used in the production of rubber and plastics, including food containers and plastic credit cards. It also sells thermoplastic resins, which are used to produce automobile interior parts, luggage, computer monitors, modems, and scanners. The company also sells styrene-acrylonitrile resins, which are used to produce battery components, disposable lighters, electric fan blades, and air conditioner parts.

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