Lorenzo International (SGX:5IE) Accounts Payable & Accrued Expense : S$3.54 Mil (As of Dec. 2023)

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What is Lorenzo International Accounts Payable & Accrued Expense?

Lorenzo International's quarterly accounts payable & accrued expense increased from Jun. 2023 (S$3.80 Mil) to Sep. 2023 (S$3.86 Mil) but then declined from Sep. 2023 (S$3.86 Mil) to Dec. 2023 (S$3.54 Mil).

Lorenzo International's annual accounts payable & accrued expense declined from Mar. 2018 (S$11.71 Mil) to Mar. 2019 (S$8.90 Mil) but then increased from Mar. 2019 (S$8.90 Mil) to Mar. 2020 (S$10.91 Mil).

Lorenzo International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lorenzo International'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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Lorenzo International Accounts Payable & Accrued Expense Chart

Lorenzo International Annual Data

Trend

Dec10

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Mar17

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Mar20

Accounts Payable & Accrued Expense

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16.01

9.52

11.71

8.90

10.91

Lorenzo International Quarterly Data
	Dec15	Jun16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.79	4.46	3.80	3.86	3.54

Lorenzo International 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.

Lorenzo International (SGX:5IE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lorenzo International Ltd (SGX:5IE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 International Road, No. 02-00, Singapore, SGP, 629175

Website

https://www.lorenzo-international.com

Lorenzo International Ltd is a branded lifestyle furniture retailer. The company sells its products under the Lorenzo brand name grouped under two main collections - Dante for classic leather sofas and Enzo for wood-based products. The group is organized into the following reportable operating segments: Furniture, and Building Materials. The company distributes its products across Singapore, Malaysia, Taiwan, China, and other regions. The company generates maximum revenue from Malaysia followed by Taiwan and Singapore.

Lorenzo International (SGX:5IE) Headlines

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