Paramount Bhd (XKLS:1724) Accounts Payable & Accrued Expense : RM338.3 Mil (As of Mar. 2024)

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What is Paramount Bhd Accounts Payable & Accrued Expense?

Paramount Bhd's quarterly accounts payable & accrued expense increased from Sep. 2023 (RM382.3 Mil) to Dec. 2023 (RM460.5 Mil) but then declined from Dec. 2023 (RM460.5 Mil) to Mar. 2024 (RM338.3 Mil).

Paramount Bhd's annual accounts payable & accrued expense increased from Dec. 2021 (RM273.9 Mil) to Dec. 2022 (RM373.4 Mil) and increased from Dec. 2022 (RM373.4 Mil) to Dec. 2023 (RM460.5 Mil).

Paramount Bhd Accounts Payable & Accrued Expense Historical Data

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

Paramount Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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296.61

305.00

273.89

373.41

460.52

Paramount Bhd 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															366.02	391.23	382.29	460.52	338.32

Paramount 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.

Paramount Bhd (XKLS:1724) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Paramount Corp Bhd (XKLS:1724) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

1, Jalan SS21/58, Level 8, Uptown 1, Damansara Uptown, Petaling Jaya, SGR, MYS, 47400

Website

https://www.pcb.my

Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Coworking, and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Coworking segment includes the operation of coworking spaces and incubator-related services. Investment and Others segment is involved in the investment holding and provision of group-level corporate services and property investment of campus building.

Paramount Bhd (XKLS:1724) Headlines

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