MTAG Group Bhd (XKLS:0213) Accounts Payable & Accrued Expense : RM8.6 Mil (As of Mar. 2024)

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What is MTAG Group Bhd Accounts Payable & Accrued Expense?

MTAG Group Bhd's quarterly accounts payable & accrued expense increased from Sep. 2023 (RM9.5 Mil) to Dec. 2023 (RM9.7 Mil) but then declined from Dec. 2023 (RM9.7 Mil) to Mar. 2024 (RM8.6 Mil).

MTAG Group Bhd's annual accounts payable & accrued expense increased from Jun. 2021 (RM15.5 Mil) to Jun. 2022 (RM25.9 Mil) but then declined from Jun. 2022 (RM25.9 Mil) to Jun. 2023 (RM7.4 Mil).

MTAG Group Bhd Accounts Payable & Accrued Expense Historical Data

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

MTAG Group Bhd Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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22.07

15.15

15.54

25.94

7.37

MTAG Group 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															10.39	7.37	9.53	9.69	8.57

MTAG Group 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.

MTAG Group Bhd (XKLS:0213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MTAG Group Bhd (XKLS:0213) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Kawasan Perindustrian Tebrau III, PLO 226, Jalan Kencana Mas, Johor Bahru, Johor, MYS, 81100

Website

https://www.mtaggroup.com

MTAG Group Bhd is a converter company providing the services of label and sticker printing and customised converting services for various materials. In addition, it distributes industrial tapes and adhesive products under the brands 3M and Henkel. Its segments consist of Converting, Distribution and Investment holding. The company operates in Malaysia.

MTAG Group Bhd (XKLS:0213) Headlines

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