Efficient E-Solutions Bhd (XKLS:0064) Accounts Payable & Accrued Expense : RM5.35 Mil (As of Mar. 2024)

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What is Efficient E-Solutions Bhd Accounts Payable & Accrued Expense?

Efficient E-Solutions Bhd's quarterly accounts payable & accrued expense increased from Sep. 2023 (RM5.45 Mil) to Dec. 2023 (RM8.39 Mil) but then declined from Dec. 2023 (RM8.39 Mil) to Mar. 2024 (RM5.35 Mil).

Efficient E-Solutions Bhd's annual accounts payable & accrued expense increased from Dec. 2021 (RM2.18 Mil) to Dec. 2022 (RM2.74 Mil) and increased from Dec. 2022 (RM2.74 Mil) to Dec. 2023 (RM8.39 Mil).

Efficient E-Solutions Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Efficient E-Solutions 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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Efficient E-Solutions Bhd Accounts Payable & Accrued Expense Chart

Efficient E-Solutions Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.57

1.41

2.18

2.74

8.39

Efficient E-Solutions Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5.20	5.84	5.45	8.39	5.35

Efficient E-Solutions 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.

Efficient E-Solutions Bhd (XKLS:0064) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Efficient E-Solutions Bhd (XKLS:0064) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 3, Jalan Astaka U8/82, Taman Perindustrian Bukit Jelutong, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150

Website

https://www.efficient.com.my

Efficient E-Solutions Bhd is a business process outsourcing company that provides data and document management solutions primarily in Malaysia. It operates through segments which are Records Management, IT Services and others. The company offers imaging and data capture solutions that convert handwritten, typed, and printed Web forms into electronic forms for indexing and intelligent data capture purposes; archival and retrieval solutions, which offer multiple capture and document management systems for the processing and retrieval of digitalized documents. IT Services segment offers IT system integration, shared, and support, as well as other IT-related services.

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