Ta Chen Stainless Pipe Co (TPE:2027) Accounts Payable & Accrued Expense : NT$6,195 Mil (As of Mar. 2024)

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What is Ta Chen Stainless Pipe Co Accounts Payable & Accrued Expense?

Ta Chen Stainless Pipe Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$6,967 Mil) to Dec. 2023 (NT$6,050 Mil) but then increased from Dec. 2023 (NT$6,050 Mil) to Mar. 2024 (NT$6,195 Mil).

Ta Chen Stainless Pipe Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$5,595 Mil) to Dec. 2022 (NT$8,492 Mil) but then declined from Dec. 2022 (NT$8,492 Mil) to Dec. 2023 (NT$6,050 Mil).

Ta Chen Stainless Pipe Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ta Chen Stainless Pipe 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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Ta Chen Stainless Pipe Co Accounts Payable & Accrued Expense Chart

Ta Chen Stainless Pipe Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,918.82

3,391.68

5,595.27

8,491.56

6,049.76

Ta Chen Stainless Pipe Co 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															7,560.21	13,042.73	6,967.13	6,049.76	6,194.67

Ta Chen Stainless Pipe 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.

Ta Chen Stainless Pipe Co (TPE:2027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ta Chen Stainless Pipe Co Ltd (TPE:2027) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.125 Hsin-Tien 2nd Street, Hsin-Tien, Jeng-Teh, Tainan, TWN

Website

https://www.tachen.com.tw

Ta Chen Stainless Pipe Co Ltd is a Taiwan-based company that is primarily engaged in manufacturing and distributing of stainless steel, fasteners, steel strips, aluminum and nickel alloy coils, sheets, plates, long products, tubes, and PVFs. The company generates most of its sales from stainless steel products and fasteners. The company particularly specializes in manufacturing stainless tube and its accessories, which are used in petrochemical and food industries. Geographically, the company generates almost all of its revenue from the American market, where the company distributes its products through its warehouses in Los Angeles, Chicago, Houston, Atlanta, Florida, Philadelphia, Seattle, and Cleveland.

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