Tiong Seng Holdings (SGX:BFI) Accounts Payable & Accrued Expense : S$127.0 Mil (As of Dec. 2023)

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What is Tiong Seng Holdings Accounts Payable & Accrued Expense?

Tiong Seng Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (S$119.2 Mil) to Jun. 2023 (S$165.3 Mil) but then declined from Jun. 2023 (S$165.3 Mil) to Dec. 2023 (S$127.0 Mil).

Tiong Seng Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (S$89.6 Mil) to Dec. 2022 (S$119.2 Mil) and increased from Dec. 2022 (S$119.2 Mil) to Dec. 2023 (S$127.0 Mil).

Tiong Seng Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tiong Seng 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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Tiong Seng Holdings Accounts Payable & Accrued Expense Chart

Tiong Seng Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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179.37

135.87

89.63

119.19

127.00

Tiong Seng Holdings 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															89.63	112.89	119.19	165.35	127.00

Tiong Seng 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.

Tiong Seng Holdings (SGX:BFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tiong Seng Holdings Ltd (SGX:BFI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

21 Fan Yoong Road, Singapore, SGP, 629796

Website

https://www.tiongseng.com.sg

Tiong Seng Holdings Ltd operates as a construction and property development firm. It undertakes a wide range of projects of different variables such as residential, commercial, institutional, civil engineering, foundation and infrastructural projects. The firm has three segments, Construction: which derives the majority of revenue and relates to acting as main contractors in the construction and civil engineering projects and provision of construction; Engineering solutions: which relates to manufacturing and supplying precast and prefabricated components and provision of steel and mass-engineered timber. Property development: relates to the development and sales of properties. Most of its revenue is earned through construction services across Singapore. also has a presence in Malaysia.