Sersol Bhd (XKLS:0055) Accounts Payable & Accrued Expense : RM2.25 Mil (As of Dec. 2024)

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What is Sersol Bhd Accounts Payable & Accrued Expense?

Sersol Bhd's quarterly accounts payable & accrued expense declined from Mar. 2024 (RM2.44 Mil) to Sep. 2024 (RM2.32 Mil) and declined from Sep. 2024 (RM2.32 Mil) to Dec. 2024 (RM2.25 Mil).

Sersol Bhd's annual accounts payable & accrued expense increased from Dec. 2019 (RM3.03 Mil) to Dec. 2020 (RM3.49 Mil) but then declined from Dec. 2020 (RM3.49 Mil) to Dec. 2021 (RM2.32 Mil).

Sersol Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sersol 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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Sersol Bhd Accounts Payable & Accrued Expense Chart

Sersol Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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3.26

2.61

3.03

3.49

2.32

Sersol Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.76	2.99	2.44	2.32	2.25

Sersol 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.

Sersol Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sersol Bhd (XKLS:0055) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 28, Jalan Canggih 1, Taman Perindustrian Cemerlang, Johor Darul Takzim, Ulu Tiram, JHR, MYS, 81800

Website

https://www.sersol.com.my

Sersol Bhd is a Malaysian company which is principally involved in the coatings business relating to buildings, furniture, electrical and electronic products. The company operates through its geographical segment namely Malaysia and Thailand. Its Malaysia segment involved in manufacturing and selling of coatings, thinners and industrial chemical, investment holding and provision of management services and trading of architectural coating and wall surface finishing material. The Thailand segment manufactures and sales of coatings, thinners and industrial chemical. It derives a majority of revenue from Malaysia.

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