Olympia Industries Bhd (XKLS:3018) Accounts Payable & Accrued Expense : RM79.63 Mil (As of Mar. 2024)

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What is Olympia Industries Bhd Accounts Payable & Accrued Expense?

Olympia Industries Bhd's quarterly accounts payable & accrued expense declined from Sep. 2023 (RM75.06 Mil) to Dec. 2023 (RM66.81 Mil) but then increased from Dec. 2023 (RM66.81 Mil) to Mar. 2024 (RM79.63 Mil).

Olympia Industries Bhd's annual accounts payable & accrued expense increased from Dec. 2021 (RM53.29 Mil) to Dec. 2022 (RM64.81 Mil) and increased from Dec. 2022 (RM64.81 Mil) to Dec. 2023 (RM66.81 Mil).

Olympia Industries Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Olympia Industries 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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Olympia Industries Bhd Accounts Payable & Accrued Expense Chart

Olympia Industries Bhd Annual Data

Trend

Jun13

Jun14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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60.91

56.74

53.29

64.81

66.81

Olympia Industries 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															76.87	75.58	75.06	66.81	79.63

Olympia Industries 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.

Olympia Industries Bhd (XKLS:3018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Olympia Industries Bhd (XKLS:3018) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8, Jalan Raja Chulan, Level 24, Menara Olympia, Kuala Lumpur, SGR, MYS, 50200

Website

https://www.oib.com.my

Olympia Industries Bhd is an investment holding company. The company's operating segments include Leasing; Property development; Gaming; and Investment holding and dormant. It generates maximum revenue from the Gaming segment. The Gaming segment includes organising, managing, and sales of numbers forecast pools and public lotteries. The Property development segment includes the development of residential and commercial properties. The Leasing segment includes the rental of office and retail spaces and other related activities. The Investment holding and dormant segment includes investment holding and other business units include trading and retailing business. Geographically, it derives revenue from Malaysia.

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