Sheng Siong Group (SGX:OV8) Accounts Payable & Accrued Expense : S$163 Mil (As of Dec. 2023)

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What is Sheng Siong Group Accounts Payable & Accrued Expense?

Sheng Siong Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (S$171 Mil) to Jun. 2023 (S$201 Mil) but then declined from Jun. 2023 (S$201 Mil) to Dec. 2023 (S$163 Mil).

Sheng Siong Group's annual accounts payable & accrued expense increased from Dec. 2021 (S$156 Mil) to Dec. 2022 (S$171 Mil) but then declined from Dec. 2022 (S$171 Mil) to Dec. 2023 (S$163 Mil).

Sheng Siong Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sheng Siong 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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Sheng Siong Group Accounts Payable & Accrued Expense Chart

Sheng Siong Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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118.75

154.72

155.52

170.79

163.48

Sheng Siong Group 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															155.52	187.71	170.79	200.62	163.48

Sheng Siong 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.

Sheng Siong Group (SGX:OV8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sheng Siong Group Ltd (SGX:OV8) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Mandai Link, Singapore, SGP, 728652

Website

https://www.shengsiong.com.sg

Sheng Siong Group Ltd is a Singapore-based company that is principally engaged in the retail business. The company operates through the Sheng Siong Groceries chain, with stores located across Singapore. The company offers "wet and dry" merchandise, including fresh and chilled goods (such as seafood, meat, and vegetables), processed, frozen, and preserved food products; and general merchandise (like toiletries and essential household products). The company has its own distribution network, food-processing facilities, and warehousing facilities. The Group operates in one segment which relates to the provision of supermarket supplies and supermarket operations. The Group's operations are mainly located in Singapore.

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