Nordic Group (SGX:MR7) Accounts Payable & Accrued Expense : S$31.7 Mil (As of Dec. 2024)

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What is Nordic Group Accounts Payable & Accrued Expense?

Nordic Group's quarterly accounts payable & accrued expense declined from Dec. 2023 (S$37.3 Mil) to Jun. 2024 (S$33.4 Mil) and declined from Jun. 2024 (S$33.4 Mil) to Dec. 2024 (S$31.7 Mil).

Nordic Group's annual accounts payable & accrued expense declined from Dec. 2022 (S$37.9 Mil) to Dec. 2023 (S$37.3 Mil) and declined from Dec. 2023 (S$37.3 Mil) to Dec. 2024 (S$31.7 Mil).

Nordic Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nordic Group'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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Nordic Group Accounts Payable & Accrued Expense Chart

Nordic Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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23.94

24.75

37.85

37.30

31.66

Nordic Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															37.85	36.88	37.30	33.40	31.66

Nordic Group 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.

Nordic Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nordic Group Ltd (SGX:MR7) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

2 Tuas Avenue 10, Singapore, SGP, 639126

Website

https://www.nordicgrouplimited.com

Nordic Group Ltd is an investment holding company. Its operating business segments include Project Services, Maintenance Services, and Others. The company generates maximum revenue from the Project services segment. Its Maintenance Services segment includes maintenance and repair services, trading and supply of materials, spare parts, and components. The Project services segment includes projects that require engineering, procurement, design, construction, machining, scaffolding works, insulation services, and passive fireproofing services. Geographically, Singapore derives the vast majority of its revenue and also has its presence in China, Malaysia, the Middle East and the United States.

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