PT Multi Spunindo Jaya Tbk (ISX:MSJA) Accounts Payable & Accrued Expense : Rp85,333 Mil (As of Jun. 2023)

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What is PT Multi Spunindo Jaya Tbk Accounts Payable & Accrued Expense?

PT Multi Spunindo Jaya Tbk's quarterly accounts payable & accrued expense increased from Jun. 2022 (Rp0 Mil) to Dec. 2022 (Rp94,496 Mil) but then declined from Dec. 2022 (Rp94,496 Mil) to Jun. 2023 (Rp85,333 Mil).

PT Multi Spunindo Jaya Tbk's annual accounts payable & accrued expense increased from Dec. 2020 (Rp138,003 Mil) to Dec. 2021 (Rp188,536 Mil) but then declined from Dec. 2021 (Rp188,536 Mil) to Dec. 2022 (Rp94,496 Mil).

PT Multi Spunindo Jaya Tbk Accounts Payable & Accrued Expense Historical Data

The historical data trend for PT Multi Spunindo Jaya Tbk'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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PT Multi Spunindo Jaya Tbk Accounts Payable & Accrued Expense Chart

PT Multi Spunindo Jaya Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

138,003.41

188,536.29

94,496.19

PT Multi Spunindo Jaya Tbk Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	138,003.41	188,536.29	-	94,496.19	85,332.67

PT Multi Spunindo Jaya Tbk 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.

PT Multi Spunindo Jaya Tbk (ISX:MSJA) Business Description

Industry

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PT MultiSpunindo Jaya Tbk is engaged in nonwoven industry on a business to business (B2B) basis. It produces nonwoven sheet products which are then used as a raw material for finished products in various sectors starting from the health sector (sanitary napkins, diapers, masks, and others) to the construction and agricultural sectors.

PT Multi Spunindo Jaya Tbk (ISX:MSJA) Headlines

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