Mieco Chipboard Bhd (XKLS:5001) Accounts Payable & Accrued Expense : RM72.5 Mil (As of Dec. 2024)

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What is Mieco Chipboard Bhd Accounts Payable & Accrued Expense?

Mieco Chipboard Bhd's quarterly accounts payable & accrued expense increased from Jun. 2024 (RM69.1 Mil) to Sep. 2024 (RM80.7 Mil) but then declined from Sep. 2024 (RM80.7 Mil) to Dec. 2024 (RM72.5 Mil).

Mieco Chipboard Bhd's annual accounts payable & accrued expense increased from Dec. 2022 (RM64.2 Mil) to Dec. 2023 (RM74.6 Mil) but then declined from Dec. 2023 (RM74.6 Mil) to Dec. 2024 (RM72.5 Mil).

Mieco Chipboard Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mieco Chipboard 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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Mieco Chipboard Bhd Accounts Payable & Accrued Expense Chart

Mieco Chipboard Bhd Annual Data

Trend

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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69.72

88.66

64.25

74.61

72.54

Mieco Chipboard Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															74.61	69.63	69.10	80.68	72.54

Mieco Chipboard 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.

Mieco Chipboard Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mieco Chipboard Bhd (XKLS:5001) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Taman Indah, Batu 11, No. 1, Block C, Jalan Indah 2/6, Cheras, SGR, MYS, 43200

Website

https://www.mieco.com.my

Mieco Chipboard Bhd is engaged in investment holding and the provision of management services. Through its subsidiaries, the company engages in the manufacturing and marketing of chipboard-related products, particle boards, and medium-density fibre boards, as well as the manufacturing and trading of moulded timber, furniture products, and timber treatment processing. Its products include particleboard, MFC, HPL. EDGEPRO, Reforestation, MDF, Rubberwood raw material, and wooden furniture. The company operates within one segment, that is, manufacturing and sales of wood-based products. Geographical locations include Malaysia, Hong Kong and China, and Others.

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