Starbox Group Holdings (Starbox Group Holdings) Accounts Payable & Accrued Expense : $2.95 Mil (As of Sep. 2023)

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What is Starbox Group Holdings Accounts Payable & Accrued Expense?

Starbox Group Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 ($1.95 Mil) to Mar. 2023 ($0.75 Mil) but then increased from Mar. 2023 ($0.75 Mil) to Sep. 2023 ($2.95 Mil).

Starbox Group Holdings's annual accounts payable & accrued expense increased from Sep. 2021 ($1.65 Mil) to Sep. 2022 ($1.95 Mil) and increased from Sep. 2022 ($1.95 Mil) to Sep. 2023 ($2.95 Mil).

Starbox Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Starbox Group Holdings'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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Starbox Group Holdings Accounts Payable & Accrued Expense Chart

Starbox Group Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

0.91

1.65

1.95

2.95

Starbox Group Holdings Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			1.65	1.90	1.95	0.75	2.95

Starbox Group Holdings 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.

Starbox Group Holdings (Starbox Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Starbox Group Holdings Ltd (NAS:STBX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.starboxholdings.com

Starbox Group Holdings Ltd engages in developing cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises. Through the firm's subsidiaries in Malaysia, it connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants, provide digital advertising services to advertisers, and provide payment solution services to merchants. Substantially all of our current operations are located in Malaysia. It operates in three segments: digital advertising services, cash rebate services, and payment solution services.