Luster Industries Bhd (XKLS:5068) Accounts Payable & Accrued Expense : RM60.1 Mil (As of Mar. 2024)

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What is Luster Industries Bhd Accounts Payable & Accrued Expense?

Luster Industries Bhd's quarterly accounts payable & accrued expense declined from Sep. 2023 (RM56.0 Mil) to Dec. 2023 (RM52.9 Mil) but then increased from Dec. 2023 (RM52.9 Mil) to Mar. 2024 (RM60.1 Mil).

Luster Industries Bhd's annual accounts payable & accrued expense increased from Dec. 2021 (RM50.3 Mil) to Dec. 2022 (RM51.9 Mil) and increased from Dec. 2022 (RM51.9 Mil) to Dec. 2023 (RM52.9 Mil).

Luster Industries Bhd Accounts Payable & Accrued Expense Historical Data

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

Luster Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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39.31

44.92

50.25

51.89

52.87

Luster Industries 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															56.42	56.60	56.03	52.87	60.11

Luster Industries 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.

Luster Industries Bhd (XKLS:5068) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luster Industries Bhd (XKLS:5068) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 36 & 37, Jalan PKNK Utama, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000

Website

http://www.lustergroup.com

Luster Industries Bhd is an investment holding company. The company along with its subsidiaries is engaged in Manufacturing of precision plastic parts, sub-assembly, die-casting components and precision engineering works; Construction and property development; Gaming and leisure; Glove manufacturing and EPCC Contract; and Others, which consist of investment holding and inactive companies. The company earns most of its revenue from precision plastic parts, sub-assembly, die-casting components and precision engineering works also majority from malaysian region.

Luster Industries Bhd (XKLS:5068) Headlines

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