Shin Kong Financial Holding Co (TPE:2888) Accounts Payable & Accrued Expense : NT$54,067 Mil (As of Mar. 2024)

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What is Shin Kong Financial Holding Co Accounts Payable & Accrued Expense?

Shin Kong Financial Holding Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (NT$33,662 Mil) to Dec. 2023 (NT$37,431 Mil) and increased from Dec. 2023 (NT$37,431 Mil) to Mar. 2024 (NT$54,067 Mil).

Shin Kong Financial Holding Co's annual accounts payable & accrued expense declined from Dec. 2021 (NT$50,590 Mil) to Dec. 2022 (NT$32,144 Mil) but then increased from Dec. 2022 (NT$32,144 Mil) to Dec. 2023 (NT$37,431 Mil).

Shin Kong Financial Holding Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shin Kong Financial Holding 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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Shin Kong Financial Holding Co Accounts Payable & Accrued Expense Chart

Shin Kong Financial Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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31,254.81

44,971.71

50,590.34

32,143.78

37,431.17

Shin Kong Financial Holding 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															35,671.40	44,926.22	33,661.56	37,431.17	54,066.78

Shin Kong Financial Holding 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.

Shin Kong Financial Holding Co (TPE:2888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Shin Kong Financial Holding Co Ltd (TPE:2888) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

2888B.PFD:Taiwan 2888A.PFD:Taiwan

Address

No. 66 Chung-Hsiao West Road, Section 1, 38th Floor, Taipei, TWN

Website

https://www.skfh.com.tw

Shin Kong Financial Holding Co Ltd is a Taiwanese financial services company, mainly offering insurance and banking. Its subsidiaries offer life insurance, banking, asset management, securities, property insurance agency, and venture capital. The company is engaged in other various nonfinancial operations: natural gas and telecommunication services; construction, leasing, sale, and management of high-end residential, office, and commercial properties; production of high-quality textiles; and healthcare. Its segment comprises Insurance; Banking; Securities; and Others out of which the Insurance segment derives the majority of revenue.

Shin Kong Financial Holding Co (TPE:2888) Headlines

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