Radiant Globaltech Bhd (XKLS:0202) Accounts Payable & Accrued Expense : RM20.7 Mil (As of Dec. 2023)

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What is Radiant Globaltech Bhd Accounts Payable & Accrued Expense?

Radiant Globaltech Bhd's quarterly accounts payable & accrued expense declined from Jun. 2023 (RM38.1 Mil) to Sep. 2023 (RM30.8 Mil) and declined from Sep. 2023 (RM30.8 Mil) to Dec. 2023 (RM20.7 Mil).

Radiant Globaltech Bhd's annual accounts payable & accrued expense increased from Dec. 2021 (RM17.1 Mil) to Dec. 2022 (RM29.1 Mil) but then declined from Dec. 2022 (RM29.1 Mil) to Dec. 2023 (RM20.7 Mil).

Radiant Globaltech Bhd Accounts Payable & Accrued Expense Historical Data

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

Radiant Globaltech Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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18.40

23.12

17.11

29.05

20.67

Radiant Globaltech Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															29.05	36.39	38.07	30.84	20.67

Radiant Globaltech 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.

Radiant Globaltech Bhd (XKLS:0202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Radiant Globaltech Bhd (XKLS:0202) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan Kerinchi, Vertical Business Suite, Bangsar South, Avenue 3, Unit 03-06 and 03-07, Level 3, Tower B, Kuala Lumpur, MYS, 59200

Website

https://www.rgtech.com.my

Radiant Globaltech Bhd is engaged in providing retail technology solutions including retail hardware, retail software, as well as maintenance and technical support services. It also offers a full range of retail technology solutions to its customers. The operating segments of the company are Hardware and Maintenance which is involved in the marketing, sale and installation of hardware for the retail industry and provide on-going maintenance for the hardware and software products and solutions, and Software which is involved in design, development, marketing, sales, and enhancement, customisation and implementation of third party software and in-house software. The group derives prime revenue from Malaysia.

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