Ideal Capital Bhd (XKLS:9687) Accounts Payable & Accrued Expense : RM349.4 Mil (As of Dec. 2023)

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What is Ideal Capital Bhd Accounts Payable & Accrued Expense?

Ideal Capital Bhd's quarterly accounts payable & accrued expense declined from Jun. 2023 (RM606.4 Mil) to Sep. 2023 (RM364.2 Mil) and declined from Sep. 2023 (RM364.2 Mil) to Dec. 2023 (RM349.4 Mil).

Ideal Capital Bhd's annual accounts payable & accrued expense declined from Dec. 2021 (RM403.0 Mil) to Dec. 2022 (RM345.1 Mil) but then increased from Dec. 2022 (RM345.1 Mil) to Dec. 2023 (RM349.4 Mil).

Ideal Capital Bhd Accounts Payable & Accrued Expense Historical Data

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

Ideal Capital Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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372.11

354.83

402.97

345.05

349.43

Ideal Capital 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															345.05	530.60	606.40	364.24	349.43

Ideal Capital 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.

Ideal Capital Bhd (XKLS:9687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ideal Capital Bhd (XKLS:9687) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Jalan Mahsuri, No. 71-5, Ideal @ The One, Bayan Lepas, PNG, MYS, 11950

Website

https://www.iubib.com.my

Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.

Ideal Capital Bhd (XKLS:9687) Headlines

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