Mooreast Holdings (SGX:1V3) Accounts Payable & Accrued Expense : S$6.86 Mil (As of Jun. 2023)

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What is Mooreast Holdings Accounts Payable & Accrued Expense?

Mooreast Holdings's quarterly accounts payable & accrued expense declined from Jun. 2022 (S$5.65 Mil) to Dec. 2022 (S$5.00 Mil) but then increased from Dec. 2022 (S$5.00 Mil) to Jun. 2023 (S$6.86 Mil).

Mooreast Holdings's annual accounts payable & accrued expense increased from Dec. 2020 (S$4.44 Mil) to Dec. 2021 (S$6.37 Mil) but then declined from Dec. 2021 (S$6.37 Mil) to Dec. 2022 (S$5.00 Mil).

Mooreast Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mooreast Holdings'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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Mooreast Holdings Accounts Payable & Accrued Expense Chart

Mooreast Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

4.44

6.37

5.00

Mooreast Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	6.37	5.65	5.00	6.86

Mooreast Holdings 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.

Mooreast Holdings (SGX:1V3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mooreast Holdings Ltd (SGX:1V3) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Shipyard Road, Mooreast Offshore Base, Singapore, SGP, 628139

Website

https://www.mooreast.com

Mooreast Holdings Ltd is a total mooring solutions specialist, serving the offshore oil and gas, marine and offshore renewable energy industries. With strong in-house capabilities in design, engineering and fabrication, the company offers a full range of mooring solutions including the design, engineering, fabrication, supply, mobilisation and logistics, installation and commissioning services for mooring systems and mooring system components as well as the provision of rigging and heavy lifting equipment.

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