Well Chip Group Bhd (XKLS:5325) Accounts Payable & Accrued Expense : RM8.5 Mil (As of Dec. 2024)

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What is Well Chip Group Bhd Accounts Payable & Accrued Expense?

Well Chip Group Bhd's quarterly accounts payable & accrued expense declined from Dec. 2022 (RM4.4 Mil) to Dec. 2023 (RM3.2 Mil) but then increased from Dec. 2023 (RM3.2 Mil) to Dec. 2024 (RM8.5 Mil).

Well Chip Group Bhd's annual accounts payable & accrued expense declined from Dec. 2022 (RM4.4 Mil) to Dec. 2023 (RM3.2 Mil) but then increased from Dec. 2023 (RM3.2 Mil) to Dec. 2024 (RM8.5 Mil).

Well Chip Group Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Well Chip Group 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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Well Chip Group Bhd Accounts Payable & Accrued Expense Chart

Well Chip Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

6.54

3.54

4.44

3.20

8.52

Well Chip Group Bhd Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Dec24
Accounts Payable & Accrued Expense	6.54	3.54	4.44	3.20	8.52

Well Chip Group 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.

Well Chip Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Well Chip Group Bhd (XKLS:5325) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Harmonium 35/3, No. 23-01 & 23-02, Taman Desa Tebrau, Johor Bahru, JHR, MYS, 81100

Website

https://www.wellchip.com.my

Well Chip Group Bhd is engaged in provision of pawnbroking services where it offer pledges-backed pawn loans with a short repayment period to pawnbroking customers. Pawn loans are commonly defined as micro-loans provided against pledges such as gold, gold jewellery and luxury watches; and retail and trading of jewellery and gold. The company operates two reportable segments Pawnbroking services and Retail and trading of jewellery and gold. Key revenue is generated from Retail and trading of jewellery and gold which includes Retail sale of new and pre-owned jewellery and gold, also Sale of scrap gold acquired from unredeemed and bid pledges Sale of scrap gold acquired from unredeemed and bid pled.

Well Chip Group Bhd Headlines

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