Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Accounts Payable & Accrued Expense : RM1,689 Mil (As of Mar. 2024)

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What is Petron Malaysia Refining & Marketing Bhd Accounts Payable & Accrued Expense?

Petron Malaysia Refining & Marketing Bhd's quarterly accounts payable & accrued expense declined from Sep. 2023 (RM1,740 Mil) to Dec. 2023 (RM971 Mil) but then increased from Dec. 2023 (RM971 Mil) to Mar. 2024 (RM1,689 Mil).

Petron Malaysia Refining & Marketing Bhd's annual accounts payable & accrued expense increased from Dec. 2021 (RM1,007 Mil) to Dec. 2022 (RM1,173 Mil) but then declined from Dec. 2022 (RM1,173 Mil) to Dec. 2023 (RM971 Mil).

Petron Malaysia Refining & Marketing Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petron Malaysia Refining & Marketing 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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Petron Malaysia Refining & Marketing Bhd Accounts Payable & Accrued Expense Chart

Petron Malaysia Refining & Marketing Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,053.66

591.50

1,007.21

1,172.74

971.13

Petron Malaysia Refining & Marketing 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															1,285.43	1,511.10	1,740.31	971.13	1,688.74

Petron Malaysia Refining & Marketing 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.

Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petron Malaysia Refining & Marketing Bhd (XKLS:3042) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 46, Jalan Dungun, Level 12A, Menara I & P, Tower 1, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490

Website

https://www.petron.com.my

Petron Malaysia Refining & Marketing Bhd is an oil company engaged in producing a wide range of petroleum products which include Gasoline, Automotive Diesel Oil (ADO), Liquefied Petroleum Gas (LPG), Jet Fuel, Naphtha, and Low Sulphur Waxy Residue (LSWR). The company is organized as one integrated business segment which operates to manufacture and sell petroleum products. Geographically majority of its revenue gets derived from the domestic market.

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