Formosa Chemicals & Fibre (TPE:1326) Accounts Payable & Accrued Expense : NT$38,878 Mil (As of Mar. 2024)

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What is Formosa Chemicals & Fibre Accounts Payable & Accrued Expense?

Formosa Chemicals & Fibre's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$30,964 Mil) to Dec. 2023 (NT$28,211 Mil) but then increased from Dec. 2023 (NT$28,211 Mil) to Mar. 2024 (NT$38,878 Mil).

Formosa Chemicals & Fibre's annual accounts payable & accrued expense declined from Dec. 2021 (NT$40,453 Mil) to Dec. 2022 (NT$33,495 Mil) and declined from Dec. 2022 (NT$33,495 Mil) to Dec. 2023 (NT$28,211 Mil).

Formosa Chemicals & Fibre Accounts Payable & Accrued Expense Historical Data

The historical data trend for Formosa Chemicals & Fibre'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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Formosa Chemicals & Fibre Accounts Payable & Accrued Expense Chart

Formosa Chemicals & Fibre Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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28,501.13

29,750.18

40,452.97

33,494.54

28,211.07

Formosa Chemicals & Fibre 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															40,275.50	35,122.67	30,964.30	28,211.07	38,878.33

Formosa Chemicals & Fibre 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.

Formosa Chemicals & Fibre (TPE:1326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Formosa Chemicals & Fibre Corp (TPE:1326) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dunhua North Road, Number 201, Songshan District, Taipei, TWN, 105

Website

https://www.fcfc.com.tw

Formosa Chemicals & Fibre Corp manufactures and sells a variety of chemicals, plastics-based products, and textiles. The Company has eight business divisions, namely First Chemical Division, Petrochemicals Division, Third Chemical Division, Plastics Division, Textile Division, First Fiber Division, Second Fiber Division, and Engineering & Construction Division. The Company's businesses are production and sales of petrochemical products, including PTA, PS, AN, Butadiene, SM polymer, SM, benzene, toluene, pxylene (PX) and o-xylene (OX), as well as nylon fiber, and rayon staple fiber. The Company is also engaged in spinning, weaving, dyeing and finishing.

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