Volcano Bhd (XKLS:0232) Accounts Payable & Accrued Expense : RM8.50 Mil (As of Mar. 2024)

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What is Volcano Bhd Accounts Payable & Accrued Expense?

Volcano Bhd's quarterly accounts payable & accrued expense declined from Sep. 2023 (RM9.82 Mil) to Dec. 2023 (RM8.79 Mil) and declined from Dec. 2023 (RM8.79 Mil) to Mar. 2024 (RM8.50 Mil).

Volcano Bhd's annual accounts payable & accrued expense increased from Dec. 2018 (RM3.79 Mil) to Dec. 2019 (RM5.35 Mil) and increased from Dec. 2019 (RM5.35 Mil) to Dec. 2020 (RM6.25 Mil).

Volcano Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Volcano Bhd'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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Volcano Bhd Accounts Payable & Accrued Expense Chart

Volcano Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

3.79

5.35

6.25

Volcano Bhd Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									8.76	-	9.82	8.79	8.50

Volcano Bhd 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.

Volcano Bhd (XKLS:0232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Volcano Bhd (XKLS:0232) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1411 Jalan Perusahaan Kawasan, Perusahaan Perai 1, Butterworth, Perai, PNG, MYS, 13600

Website

https://www.volcano.com.my

Volcano Bhd is a manufacturer of parts and components including metal and non-metal nameplates and plastic injection moulded parts. Geographically the company's manufacturing facilities is located in Malaysia and Thailand to serve multinational customers across various industries such as electrical and electronic, automotive, food, furniture, aerospace and label industries. The company operates in Malaysia, Singapore, Thailand, Indonesia, China, USA and other countries. It earns majority of its revenue from Thailand.

Volcano Bhd (XKLS:0232) Headlines

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