NCT Alliance Bhd (XKLS:0056) Accounts Payable & Accrued Expense : RM107.9 Mil (As of Jun. 2024)

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What is NCT Alliance Bhd Accounts Payable & Accrued Expense?

NCT Alliance Bhd's quarterly accounts payable & accrued expense increased from Dec. 2023 (RM67.7 Mil) to Mar. 2024 (RM99.2 Mil) and increased from Mar. 2024 (RM99.2 Mil) to Jun. 2024 (RM107.9 Mil).

NCT Alliance Bhd's annual accounts payable & accrued expense increased from Dec. 2021 (RM101.7 Mil) to Dec. 2022 (RM104.4 Mil) but then declined from Dec. 2022 (RM104.4 Mil) to Dec. 2023 (RM67.7 Mil).

NCT Alliance Bhd Accounts Payable & Accrued Expense Historical Data

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

NCT Alliance Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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17.48

36.50

101.65

104.39

67.67

NCT Alliance Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															106.23	76.42	67.67	99.20	107.89

NCT Alliance 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.

NCT Alliance Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NCT Alliance Bhd (XKLS:0056) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan BP 4/9, Menara NCT, Bandar Bukit Puchong, Puchong, SGR, MYS, 47100

Website

https://www.nctalliance.com

NCT Alliance Bhd, formerly Grand-Flo Bhd is an investment holding company, engaged in the provision of data management and collaboration solutions. The business activity of the firm is operated through Enterprise Data Collection and Collation System (EDCCS), Labels, and Property Development. It derives the majority of revenue from the EDCCS segment which involves the supply and installation of Enterprise Data Collection and Collation System and hardware, information technology solutions, computer related accessories and integrating computer system and hardwa. Geographically the business presence of the firm is seen across the region of Malaysia, Hong Kong, and China.

NCT Alliance Bhd Headlines

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