GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Asia Enterprises Holding Ltd (SGX:A55) » Definitions » Accounts Payable & Accrued Expense

Asia Enterprises Holding (SGX:A55) Accounts Payable & Accrued Expense : S$3.57 Mil (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Asia Enterprises Holding Accounts Payable & Accrued Expense?

Asia Enterprises Holding's quarterly accounts payable & accrued expense increased from Dec. 2022 (S$5.46 Mil) to Jun. 2023 (S$6.89 Mil) but then declined from Jun. 2023 (S$6.89 Mil) to Dec. 2023 (S$3.57 Mil).

Asia Enterprises Holding's annual accounts payable & accrued expense declined from Dec. 2021 (S$5.87 Mil) to Dec. 2022 (S$5.46 Mil) and declined from Dec. 2022 (S$5.46 Mil) to Dec. 2023 (S$3.57 Mil).


Asia Enterprises Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asia Enterprises Holding'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.

* Premium members only.

Asia Enterprises Holding Accounts Payable & Accrued Expense Chart

Asia Enterprises Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 3.00 5.87 5.46 3.57

Asia Enterprises Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.87 2.12 5.46 6.89 3.57

Asia Enterprises Holding 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.


Asia Enterprises Holding (SGX:A55) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3 Pioneer Sector Walk, Singapore, SGP, 627897
Asia Enterprises Holding Ltd is an investment holding firm. It's in the distribution of steel products to marine and Offshore Industries. The company operates through three segments namely, Steel distribution comprises of procuring, distributing, and trading of steel products; the Provision of steel processing segment is involved in the processing of steel materials for sale and the corporate segment is engaged in investment and management activities. Most of its revenue is earned from the Steel distribution segment. Geographically, it derives majority revenue from the Singapore market, while it also has a presence in Indonesia, Malaysia, and other countries.

Asia Enterprises Holding (SGX:A55) Headlines

No Headlines