Advantech Co (TPE:2395) Accounts Payable & Accrued Expense : NT$21,342 Mil (As of Mar. 2024)

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What is Advantech Co Accounts Payable & Accrued Expense?

Advantech Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$13,773 Mil) to Dec. 2023 (NT$13,925 Mil) and increased from Dec. 2023 (NT$13,925 Mil) to Mar. 2024 (NT$21,342 Mil).

Advantech Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$14,560 Mil) to Dec. 2022 (NT$15,861 Mil) but then declined from Dec. 2022 (NT$15,861 Mil) to Dec. 2023 (NT$13,925 Mil).

Advantech Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advantech 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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Advantech Co Accounts Payable & Accrued Expense Chart

Advantech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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10,054.29

10,570.27

14,560.13

15,861.26

13,924.74

Advantech 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															22,169.32	20,450.08	13,773.05	13,924.74	21,342.32

Advantech 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.

Advantech Co (TPE:2395) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advantech Co Ltd (TPE:2395) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 1, Alley 20, Lane 26, Rueiguang Road, Neihu District, Taipei, TWN, 114519

Website

https://www.advantech.com

Founded in 1981, Advantech is the world's largest industrial PC, or IPC, supplier, offering single-board computers, fanless IPCs, digital posts and more. The company reports three segments: embedded PCs, industry PC and automation solutions, and service and others. They contributed 50%, 39% and 11% revenue in 2022, respectively. Leveraging its presence in 27 countries, Advantech is expanding into Internet of Things verticals like smart retail, medical, transportation, industrial automation and energy by investing in Internet of Things solution partners and its proprietary WISE-PaaS platform. The headquarters is in Taipei, Taiwan. The company maintains most manufacturing facilities in Taiwan and Kunshan, China; and has 14 service centers globally.

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