Ho Wah Genting Bhd (XKLS:9601) Accounts Payable & Accrued Expense : RM22.9 Mil (As of Mar. 2024)

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What is Ho Wah Genting Bhd Accounts Payable & Accrued Expense?

Ho Wah Genting Bhd's quarterly accounts payable & accrued expense increased from Sep. 2023 (RM23.9 Mil) to Dec. 2023 (RM25.3 Mil) but then declined from Dec. 2023 (RM25.3 Mil) to Mar. 2024 (RM22.9 Mil).

Ho Wah Genting Bhd's annual accounts payable & accrued expense increased from Dec. 2019 (RM35.5 Mil) to Apr. 2022 (RM64.0 Mil) but then declined from Apr. 2022 (RM64.0 Mil) to Dec. 2023 (RM25.3 Mil).

Ho Wah Genting Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ho Wah Genting 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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Ho Wah Genting Bhd Accounts Payable & Accrued Expense Chart

Ho Wah Genting Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Apr22

Dec23

Accounts Payable & Accrued Expense

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36.49

29.87

35.48

63.96

25.30

Ho Wah Genting Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															30.27	35.32	23.93	25.30	22.88

Ho Wah Genting 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.

Ho Wah Genting Bhd (XKLS:9601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ho Wah Genting Bhd (XKLS:9601) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 35, Jalan Maharajalela, 1st Floor, Wisma Ho Wah Genting, Kuala Lumpur, SGR, MYS, 50150

Website

https://www.hwgenting.com

Ho Wah Genting Bhd is engaged in investment holdings and the provision of management services to its subsidiaries. The group has four operating segments, namely, Investment, Moulded power supply cord sets, Healthcare and Travelling Services. Moulded power supply cord sets is engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment. The group earns a majority of the revenue from Moulded power supply cord sets. Geographically, the group has a presence in North America, Malaysia and the Rest of Asia; with a majority of the revenue being generated from North America.

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