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Top Glove Bhd (SGX:BVA) Accounts Payable & Accrued Expense : S$95.2 Mil (As of Aug. 2024)


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What is Top Glove Bhd Accounts Payable & Accrued Expense?

Top Glove Bhd's quarterly accounts payable & accrued expense increased from Feb. 2024 (S$96.6 Mil) to May. 2024 (S$102.9 Mil) but then declined from May. 2024 (S$102.9 Mil) to Aug. 2024 (S$95.2 Mil).

Top Glove Bhd's annual accounts payable & accrued expense declined from Aug. 2022 (S$99.0 Mil) to Aug. 2023 (S$56.3 Mil) but then increased from Aug. 2023 (S$56.3 Mil) to Aug. 2024 (S$95.2 Mil).

Top Glove Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Top Glove Bhd'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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Top Glove Bhd Accounts Payable & Accrued Expense Chart

Top Glove Bhd Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 217.33 273.09 98.98 56.26 95.19

Top Glove Bhd Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 56.26 86.89 96.65 102.87 95.19

Top Glove Bhd 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.

Top Glove Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Top Glove Corp Bhd (SGX:BVA) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
TPGVF:USA TGLVY:USA 7113:Malaysia
Address
16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170
Website
https://www.topglove.com
Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of world-wide customers. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. Top Glove's products are utilized in an array of end markets such as aerospace, food, Personal care, medical care, oral care and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in North America and Europe generating the majority demand.

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