Hiap Teck Venture Bhd (XKLS:5072) Accounts Payable & Accrued Expense : RM60 Mil (As of Jan. 2024)

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What is Hiap Teck Venture Bhd Accounts Payable & Accrued Expense?

Hiap Teck Venture Bhd's quarterly accounts payable & accrued expense increased from Jul. 2023 (RM37 Mil) to Oct. 2023 (RM45 Mil) and increased from Oct. 2023 (RM45 Mil) to Jan. 2024 (RM60 Mil).

Hiap Teck Venture Bhd's annual accounts payable & accrued expense increased from Jul. 2021 (RM32 Mil) to Jul. 2022 (RM100 Mil) but then declined from Jul. 2022 (RM100 Mil) to Jul. 2023 (RM37 Mil).

Hiap Teck Venture Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hiap Teck Venture 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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Hiap Teck Venture Bhd Accounts Payable & Accrued Expense Chart

Hiap Teck Venture Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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46.75

16.19

32.01

99.67

36.63

Hiap Teck Venture Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															76.54	76.51	36.63	44.87	59.66

Hiap Teck Venture 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.

Hiap Teck Venture Bhd (XKLS:5072) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hiap Teck Venture Bhd (XKLS:5072) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6096, Jalan Haji Abdul Manan, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050

Website

https://www.htgrp.com.my

Hiap Teck Venture Bhd is a Malaysia-based company. It has five segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; and the Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore. It generates a vast majority of the revenues from the Trading segment within Malaysia.

Hiap Teck Venture Bhd (XKLS:5072) Headlines

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