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SKK Holdings (SKK Holdings) Accounts Payable & Accrued Expense : $5.83 Mil (As of Jun. 2023)


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What is SKK Holdings Accounts Payable & Accrued Expense?

SKK Holdings's quarterly accounts payable & accrued expense increased from Jun. 2022 ($0.00 Mil) to Dec. 2022 ($6.03 Mil) but then declined from Dec. 2022 ($6.03 Mil) to Jun. 2023 ($5.83 Mil).

SKK Holdings's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Dec. 2021 ($1.56 Mil) and increased from Dec. 2021 ($1.56 Mil) to Dec. 2022 ($6.03 Mil).


SKK Holdings Accounts Payable & Accrued Expense Historical Data

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

SKK Holdings Annual Data
Trend Dec21 Dec22
Accounts Payable & Accrued Expense
1.56 6.03

SKK Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Accounts Payable & Accrued Expense 1.56 - 6.03 5.83

SKK 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.


SKK Holdings (SKK Holdings) Business Description

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SKK Holdings Ltd is a civil engineering service provider that specializes in subsurface utility works in Singapore. It construct and maintain various public works and infrastructure projects that serve the society and the environment. Its projects are primarily the subsurface work related to projects undertaken by the Public Utilities Board (PUB) and Singapore Telecommunications Limited. The nature of these projects is related to repairing of pumping mains, sewer maintenance and pipe cable laying.

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