Nexen Tire (XKRX:002350) Accounts Payable & Accrued Expense : ₩293,469 Mil (As of Mar. 2024)

View and export this data going back to 1976. Start your Free Trial

What is Nexen Tire Accounts Payable & Accrued Expense?

Nexen Tire's quarterly accounts payable & accrued expense increased from Sep. 2023 (₩264,680 Mil) to Dec. 2023 (₩291,007 Mil) and increased from Dec. 2023 (₩291,007 Mil) to Mar. 2024 (₩293,469 Mil).

Nexen Tire's annual accounts payable & accrued expense declined from Dec. 2021 (₩382,262 Mil) to Dec. 2022 (₩314,488 Mil) and declined from Dec. 2022 (₩314,488 Mil) to Dec. 2023 (₩291,007 Mil).

Nexen Tire Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nexen Tire'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.

* Premium members only.

Nexen Tire Accounts Payable & Accrued Expense Chart

Nexen Tire Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

271,785.20

204,757.79

382,262.41

314,487.51

291,007.50

Nexen Tire 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															276,113.72	242,511.13	264,679.74	291,007.50	293,468.65

Nexen Tire 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.

Nexen Tire (XKRX:002350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nexen Tire Corp (XKRX:002350) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

002355:Korea

Address

355, Chungryeol-ro, Gyeongsangnam-do, Yangsan-si, KOR

Website

http://www.nexentire.com

Nexen Tire Corp manufactures, markets and exports tires. The firm has divided its business in the passenger car, SUV, Van and light truck, Global OE, Solid tire and Tube and Flap and all seasons divisions. The company has manufacturing facilities in Korea and China and has research and development facilities in the U.S., China, and Germany.

Nexen Tire (XKRX:002350) Headlines

No Headlines