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Caravelle International Group (Caravelle International Group) Accounts Payable & Accrued Expense : $6.3 Mil (As of Apr. 2023)


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What is Caravelle International Group Accounts Payable & Accrued Expense?

Caravelle International Group's quarterly accounts payable & accrued expense increased from Apr. 2022 ($6.3 Mil) to Oct. 2022 ($9.9 Mil) but then declined from Oct. 2022 ($9.9 Mil) to Apr. 2023 ($6.3 Mil).

Caravelle International Group's annual accounts payable & accrued expense declined from Oct. 2020 ($7.4 Mil) to Oct. 2021 ($6.8 Mil) but then increased from Oct. 2021 ($6.8 Mil) to Oct. 2022 ($9.9 Mil).


Caravelle International Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Caravelle International Group'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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Caravelle International Group Accounts Payable & Accrued Expense Chart

Caravelle International Group Annual Data
Trend Oct20 Oct21 Oct22
Accounts Payable & Accrued Expense
7.43 6.82 9.86

Caravelle International Group Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial - 6.82 6.32 9.86 6.29

Caravelle International Group 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.


Caravelle International Group (Caravelle International Group) Business Description

Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No. 06-17 Paya Lebar Square, Singapore, SGP, 409051
Caravelle International Group is an international operator of ocean transportation services. It is engaged in the seaborne transportation service under voyage contracts as well as vessel service for and on behalf of ship owners. The company has two operating segments namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company primarily derives freight revenue from voyage contracts and provides vessel service.