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Lotte Wellfood Co (XKRX:280360) Accounts Payable & Accrued Expense : ₩327,911 Mil (As of Mar. 2024)


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What is Lotte Wellfood Co Accounts Payable & Accrued Expense?

Lotte Wellfood Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (₩339,319 Mil) to Dec. 2023 (₩306,001 Mil) but then increased from Dec. 2023 (₩306,001 Mil) to Mar. 2024 (₩327,911 Mil).

Lotte Wellfood Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩194,528 Mil) to Dec. 2022 (₩309,560 Mil) but then declined from Dec. 2022 (₩309,560 Mil) to Dec. 2023 (₩306,001 Mil).


Lotte Wellfood Co Accounts Payable & Accrued Expense Historical Data

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

Lotte Wellfood Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 172,638.86 164,689.87 194,528.49 309,560.48 306,000.63

Lotte Wellfood 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 309,267.36 322,152.31 339,319.39 306,000.63 327,910.90

Lotte Wellfood 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.


Lotte Wellfood Co (XKRX:280360) Business Description

Traded in Other Exchanges
N/A
Address
10, Yangpyeong-ro 21-gil, Youngdeungpo-gu, Seoul, KOR
Lotte Wellfood Co Ltd is engaged in the manufacturing of sugar confectioneries and cocoa products. It offers products such as chocolates, biscuits, ice-cream, pie, snacks, candies, bread, gum and others. The company has a business presence in Korea and other countries.

Lotte Wellfood Co (XKRX:280360) Headlines

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