Petronas Gas Bhd (XKLS:6033) Accounts Payable & Accrued Expense : RM1,094 Mil (As of Dec. 2023)

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What is Petronas Gas Bhd Accounts Payable & Accrued Expense?

Petronas Gas Bhd's quarterly accounts payable & accrued expense increased from Jun. 2023 (RM859 Mil) to Sep. 2023 (RM928 Mil) and increased from Sep. 2023 (RM928 Mil) to Dec. 2023 (RM1,094 Mil).

Petronas Gas Bhd's annual accounts payable & accrued expense increased from Dec. 2021 (RM1,126 Mil) to Dec. 2022 (RM1,192 Mil) but then declined from Dec. 2022 (RM1,192 Mil) to Dec. 2023 (RM1,094 Mil).

Petronas Gas Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petronas Gas 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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Petronas Gas Bhd Accounts Payable & Accrued Expense Chart

Petronas Gas Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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880.60

852.85

1,125.77

1,191.88

1,094.38

Petronas Gas Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,191.88	1,070.51	858.75	928.38	1,094.38

Petronas Gas 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.

Petronas Gas Bhd (XKLS:6033) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petronas Gas Bhd (XKLS:6033) » Definitions » Accounts Payable & Accrued Expense

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PNAGF:USA

Address

Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

https://www.petronasgas.com

Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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