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Davis Commodities (Davis Commodities) Accounts Payable & Accrued Expense : $20.7 Mil (As of Jun. 2023)


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What is Davis Commodities Accounts Payable & Accrued Expense?

Davis Commodities's quarterly accounts payable & accrued expense declined from Jun. 2022 ($13.6 Mil) to Dec. 2022 ($6.9 Mil) but then increased from Dec. 2022 ($6.9 Mil) to Jun. 2023 ($20.7 Mil).

Davis Commodities's annual accounts payable & accrued expense increased from . 20 ($0.0 Mil) to Dec. 2020 ($5.9 Mil) and increased from Dec. 2020 ($5.9 Mil) to Dec. 2021 ($20.8 Mil).

Davis Commodities Accounts Payable & Accrued Expense Historical Data

The historical data trend for Davis Commodities'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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Davis Commodities Accounts Payable & Accrued Expense Chart

Davis Commodities Annual Data
Trend Dec20 Dec21
Accounts Payable & Accrued Expense
5.89 20.77

Davis Commodities Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial - 20.77 13.56 6.93 20.71

Davis Commodities 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.

Davis Commodities (Davis Commodities) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davis Commodities Ltd (NAS:DTCK) » Definitions » Accounts Payable & Accrued Expense
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VFF GCEH ALCO SDOT SANW LOCL SHMP TAER AQB SISI ADM SZSE:002714 SZSE:300498 TSN SHSE:600438 BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
N/A
Address
10 Bukit Batok Crescent, No. 10-01, The Spire, Singapore, SGP, 658079
Website
Davis Commodities Ltd is an agricultural commodity trading company based in Singapore which specializes in trading of three main categories of agricultural commodities namely sugar, rice, and oil and fat products. It distributes agricultural commodities to various markets, including Asia, Africa and the Middle East. The company also provides customers of commodity offerings with complementary, ancillary services such as warehouse handling and storage and logistics services.