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AGX Group Bhd (XKLS:0299) Accounts Payable & Accrued Expense : RM20.8 Mil (As of Dec. 2022)


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What is AGX Group Bhd Accounts Payable & Accrued Expense?

AGX Group Bhd's quarterly accounts payable & accrued expense declined from Dec. 2020 (RM41.5 Mil) to Dec. 2021 (RM25.6 Mil) and declined from Dec. 2021 (RM25.6 Mil) to Dec. 2022 (RM20.8 Mil).

AGX Group Bhd's annual accounts payable & accrued expense declined from Dec. 2020 (RM41.5 Mil) to Dec. 2021 (RM25.6 Mil) and declined from Dec. 2021 (RM25.6 Mil) to Dec. 2022 (RM20.8 Mil).

AGX Group Bhd Accounts Payable & Accrued Expense Historical Data

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

AGX Group Bhd Annual Data
Trend Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
41.49 25.57 20.75

AGX Group Bhd Semi-Annual Data
Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense 41.49 25.57 20.75

AGX 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.

AGX Group Bhd (XKLS:0299) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AGX Group Bhd (XKLS:0299) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan USJ 10/1A, Unit 1A-C and Unit 2A-C, 2nd Floor, Pusat Perniagaan USJ 10, UEP Subang Jaya, SGR, MYS, 47610
Website
https://www.agxlogistics.com
AGX Group Bhd is a logistics service provider. It is a 3PL service provider that comprises sea and air freight forwarding, aerospace logistics, warehousing and other 3PL, and road freight transportation services. It also provides services to assist senders or receivers in transporting their goods from the point of origin to their final destinations and has services in all the countries and has a physical presence, namely Malaysia, the Philippines, Korea, Myanmar, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for our customers, starting from the point of origin and ending when the freight is delivered to its final destination. Sea and air freight forwarding services generate maximum revenue for the company.

AGX Group Bhd (XKLS:0299) Headlines

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