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Melewar Industrial Group Bhd (XKLS:3778) Accounts Payable & Accrued Expense : RM27.2 Mil (As of Dec. 2023)


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What is Melewar Industrial Group Bhd Accounts Payable & Accrued Expense?

Melewar Industrial Group Bhd's quarterly accounts payable & accrued expense declined from Jun. 2023 (RM38.3 Mil) to Sep. 2023 (RM21.1 Mil) but then increased from Sep. 2023 (RM21.1 Mil) to Dec. 2023 (RM27.2 Mil).

Melewar Industrial Group Bhd's annual accounts payable & accrued expense increased from Jun. 2021 (RM116.5 Mil) to Jun. 2022 (RM165.5 Mil) but then declined from Jun. 2022 (RM165.5 Mil) to Jun. 2023 (RM38.3 Mil).


Melewar Industrial Group Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Melewar Industrial Group 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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Melewar Industrial Group Bhd Accounts Payable & Accrued Expense Chart

Melewar Industrial Group Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.64 139.08 116.49 165.48 38.29

Melewar Industrial Group Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.74 31.52 38.29 21.06 27.25

Melewar Industrial Group 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.


Melewar Industrial Group Bhd (XKLS:3778) Business Description

Traded in Other Exchanges
N/A
Address
Number 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200
Melewar Industrial Group Bhd operates in four segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group operates in Malaysia.

Melewar Industrial Group Bhd (XKLS:3778) Headlines

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