Multi Ways Holdings (Multi Ways Holdings) Accounts Payable & Accrued Expense : $23.09 Mil (As of Jun. 2023)

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What is Multi Ways Holdings Accounts Payable & Accrued Expense?

Multi Ways Holdings's quarterly accounts payable & accrued expense increased from Jun. 2022 ($20.85 Mil) to Dec. 2022 ($22.96 Mil) and increased from Dec. 2022 ($22.96 Mil) to Jun. 2023 ($23.09 Mil).

Multi Ways Holdings's annual accounts payable & accrued expense increased from Dec. 2020 ($10.29 Mil) to Dec. 2021 ($20.89 Mil) and increased from Dec. 2021 ($20.89 Mil) to Dec. 2022 ($22.96 Mil).

Multi Ways Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Multi Ways Holdings'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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Multi Ways Holdings Accounts Payable & Accrued Expense Chart

Multi Ways Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

10.29

20.89

22.96

Multi Ways Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	20.89	20.85	22.96	23.09

Multi Ways Holdings 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.

Multi Ways Holdings (Multi Ways Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Multi Ways Holdings Ltd (AMEX:MWG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3E Gul Circle, Singapore, SGP, 629633

Website

https://www.multiways.com.sg

Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.