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Solid Automotive Bhd (XKLS:5242) Accounts Payable & Accrued Expense : RM39.5 Mil (As of Jul. 2024)


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What is Solid Automotive Bhd Accounts Payable & Accrued Expense?

Solid Automotive Bhd's quarterly accounts payable & accrued expense declined from Jan. 2024 (RM39.9 Mil) to Apr. 2024 (RM24.0 Mil) but then increased from Apr. 2024 (RM24.0 Mil) to Jul. 2024 (RM39.5 Mil).

Solid Automotive Bhd's annual accounts payable & accrued expense declined from Apr. 2022 (RM29.2 Mil) to Apr. 2023 (RM20.7 Mil) but then increased from Apr. 2023 (RM20.7 Mil) to Apr. 2024 (RM24.0 Mil).


Solid Automotive Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Solid Automotive 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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Solid Automotive Bhd Accounts Payable & Accrued Expense Chart

Solid Automotive Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.01 24.28 29.20 20.69 23.97

Solid Automotive Bhd Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.75 36.98 39.92 23.97 39.51

Solid Automotive 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.


Solid Automotive Bhd Business Description

Traded in Other Exchanges
N/A
Address
PLO 436, Jalan Gangsa, Kawasan Perindustrian Pasir Gudang, Pasir Gudang, JHR, MYS, 81700
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. The company's operating segment includes Automotive electrical parts; Automotive engine and mechanical parts and Others. It generates maximum revenue from the Automotive electrical parts segment. Automotive electrical parts segment is involved in the trading and distribution of automotive batteries, lubricants, industrial supplies, electrical parts, and components. Geographically, it derives a majority of revenue from Malaysia and also has a presence in the Middle East and Africa and Other Countries.

Solid Automotive Bhd Headlines

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