9R (SGX:1Y1) Accounts Payable & Accrued Expense : S$4.20 Mil (As of Jun. 2024)

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What is 9R Accounts Payable & Accrued Expense?

9R's quarterly accounts payable & accrued expense declined from Jun. 2023 (S$2.82 Mil) to Dec. 2023 (S$0.94 Mil) but then increased from Dec. 2023 (S$0.94 Mil) to Jun. 2024 (S$4.20 Mil).

9R's annual accounts payable & accrued expense increased from Dec. 2021 (S$2.75 Mil) to Dec. 2022 (S$3.97 Mil) but then declined from Dec. 2022 (S$3.97 Mil) to Dec. 2023 (S$0.94 Mil).

9R Accounts Payable & Accrued Expense Historical Data

The historical data trend for 9R'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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9R Accounts Payable & Accrued Expense Chart

9R Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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21.96

25.11

2.75

3.97

0.94

9R Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.58	3.97	2.82	0.94	4.20

9R 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.

9R Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » 9R Ltd (SGX:1Y1) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

20 Collyer Quay, NO. 11-07, Singapore, SGP, 049319

Website

https://www.9rlimited.com

9R Ltd is engaged in the provision of management and other services to related companies, and investment holdings. The company, through its subsidiaries, provides offshore and marine system solutions to yards, vessel owners, and oil companies around the world. It operates through five segments: Offshore and Marine segment, Chartering Services segment, Supply chain management, Lifestyle retail business, and Corporate segment. Its offshore and marine services include heating, ventilation, air-conditioning, and refrigeration; fire and gas detection; control and instrumentation.

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