China Petrochemical Development (TPE:1314) Accounts Payable & Accrued Expense : NT$4,389 Mil (As of Mar. 2024)

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What is China Petrochemical Development Accounts Payable & Accrued Expense?

China Petrochemical Development's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$3,536 Mil) to Dec. 2023 (NT$3,993 Mil) and increased from Dec. 2023 (NT$3,993 Mil) to Mar. 2024 (NT$4,389 Mil).

China Petrochemical Development's annual accounts payable & accrued expense declined from Dec. 2021 (NT$4,375 Mil) to Dec. 2022 (NT$3,585 Mil) but then increased from Dec. 2022 (NT$3,585 Mil) to Dec. 2023 (NT$3,993 Mil).

China Petrochemical Development Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Petrochemical Development'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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China Petrochemical Development Accounts Payable & Accrued Expense Chart

China Petrochemical Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,142.49

2,830.43

4,374.83

3,584.69

3,993.27

China Petrochemical Development 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															2,957.78	3,429.04	3,535.91	3,993.27	4,389.41

China Petrochemical Development 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.

China Petrochemical Development (TPE:1314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Petrochemical Development Corp (TPE:1314) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Jingjian Road, Dashe District, Kaohsiung, TWN, 815

Website

https://www.cpdc.com.tw

China Petrochemical Development Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into two reportable segments based on product type: the caprolactam and acrylonitrile and nylon segments. The caprolactam segment, which generates the most revenue of the two segments, involves the sales of textiles, plastic automotive parts, packaging films, conveyor belts, ropes, and fishing lines. The acrylonitrile sell acrylic fibers, a plastic used for home appliance casings and tools, and water treatment products. The products of nylon pellets include fiber nylon pellets and engineering plastic nylon pellets.

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