Advancecon Holdings Bhd (XKLS:5281) Accounts Payable & Accrued Expense : RM148.3 Mil (As of Mar. 2024)

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What is Advancecon Holdings Bhd Accounts Payable & Accrued Expense?

Advancecon Holdings Bhd's quarterly accounts payable & accrued expense declined from Sep. 2023 (RM184.3 Mil) to Dec. 2023 (RM138.8 Mil) but then increased from Dec. 2023 (RM138.8 Mil) to Mar. 2024 (RM148.3 Mil).

Advancecon Holdings Bhd's annual accounts payable & accrued expense increased from Dec. 2021 (RM66.2 Mil) to Dec. 2022 (RM137.0 Mil) and increased from Dec. 2022 (RM137.0 Mil) to Dec. 2023 (RM138.8 Mil).

Advancecon Holdings Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advancecon Holdings 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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Advancecon Holdings Bhd Accounts Payable & Accrued Expense Chart

Advancecon Holdings Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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66.59

62.36

66.15

136.99

138.77

Advancecon Holdings 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															141.44	169.66	184.25	138.77	148.34

Advancecon Holdings 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.

Advancecon Holdings Bhd (XKLS:5281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Advancecon Holdings Bhd (XKLS:5281) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 16, 18 & 20, Jalan Pekaka 8/3, Seksyen 8, Kota Damansara, Petaling Jaya, SGR, MYS, 47810

Website

https://www.advancecon.com.my

Advancecon Holdings Bhd is a construction company. It is involved in the provision of earthworks and civil engineering services, which is a sub-sector of the construction industry in Malaysia. The group's wide range of earthworks services encompasses site clearing, excavation and fill, soil investigation, rock blasting works and embankment construction. The company has following reportable segments: Construction and Support Services and Property Investments, Green Energy and Quarry Operations, Centralised Labour Quarter. It derives majority of its revenue from Construction and Support Services segment. Further, it is also involved in the New Energy division, which focuses on development and/or operation of power generation from renewable energy, solar and other renewable energy projects.

Advancecon Holdings Bhd (XKLS:5281) Headlines

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