Silver Ridge Holdings Bhd (XKLS:0129) Accounts Payable & Accrued Expense : RM10.20 Mil (As of Mar. 2024)

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What is Silver Ridge Holdings Bhd Accounts Payable & Accrued Expense?

Silver Ridge Holdings Bhd's quarterly accounts payable & accrued expense increased from Sep. 2023 (RM8.06 Mil) to Dec. 2023 (RM9.58 Mil) and increased from Dec. 2023 (RM9.58 Mil) to Mar. 2024 (RM10.20 Mil).

Silver Ridge Holdings Bhd's annual accounts payable & accrued expense declined from Jun. 2021 (RM5.31 Mil) to Jun. 2022 (RM3.13 Mil) but then increased from Jun. 2022 (RM3.13 Mil) to Jun. 2023 (RM5.01 Mil).

Silver Ridge Holdings Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Silver Ridge Holdings 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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Silver Ridge Holdings Bhd Accounts Payable & Accrued Expense Chart

Silver Ridge Holdings Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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6.24

6.72

5.31

3.13

5.01

Silver Ridge Holdings 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															7.25	5.01	8.06	9.58	10.20

Silver Ridge Holdings 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.

Silver Ridge Holdings Bhd (XKLS:0129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Silver Ridge Holdings Bhd (XKLS:0129) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

4 - 6, Jalan 28/70A, Desa Sri Hartamas, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.silverridge.com.my

Silver Ridge Holdings Bhd is involved in investment holding and provision of a management services business. The company provides telecommunication system architecture and design, next-generation network solution as well as telecommunication related software solutions. It derives a majority of revenue from telecommunication solutions. The telecommunication solutions provide includes 3G network architecture and engineering system design, customisation and optimisation solution; In-Building Radio Frequency Coverage and Quality (EIQ); Power Load Solutions (PLS); Base Station Subsystems Solutions (BSS); Multi-Service Access Node (MSAN) system architecture and design and others.

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