Noel Gifts International (SGX:543) Accounts Payable & Accrued Expense : S$2.18 Mil (As of Dec. 2023)

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What is Noel Gifts International Accounts Payable & Accrued Expense?

Noel Gifts International's quarterly accounts payable & accrued expense declined from Dec. 2022 (S$2.22 Mil) to Jun. 2023 (S$1.67 Mil) but then increased from Jun. 2023 (S$1.67 Mil) to Dec. 2023 (S$2.18 Mil).

Noel Gifts International's annual accounts payable & accrued expense declined from Jun. 2021 (S$2.66 Mil) to Jun. 2022 (S$2.34 Mil) and declined from Jun. 2022 (S$2.34 Mil) to Jun. 2023 (S$1.67 Mil).

Noel Gifts International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Noel Gifts International'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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Noel Gifts International Accounts Payable & Accrued Expense Chart

Noel Gifts International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1.04

0.67

2.66

2.34

1.67

Noel Gifts International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.84	2.34	2.22	1.67	2.18

Noel Gifts International 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.

Noel Gifts International (SGX:543) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Noel Gifts International Ltd (SGX:543) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

21 Ubi Road 1, No. 03-01, Singapore, SGP, 408724

Website

https://www.noelgifts.com

Noel Gifts International Ltd is a hampers, flowers and gifts company. The company engages in the online marketing and sale of bouquets, gifts, and hampers in Singapore and Southeast Asia. The group is principally engaged in two reportable segments, namely Gifts and Properties. The Gifts segment relates to the marketing of gifts and the operation of the franchise programme. The Properties segment relates to property investment and development. It generates maximum revenue from its Gifts segment.

Noel Gifts International (SGX:543) Headlines

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