MMAG Holdings Bhd (XKLS:0034) Accounts Payable & Accrued Expense : RM129.1 Mil (As of Dec. 2023)

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What is MMAG Holdings Bhd Accounts Payable & Accrued Expense?

MMAG Holdings Bhd's quarterly accounts payable & accrued expense increased from Jun. 2023 (RM111.3 Mil) to Sep. 2023 (RM115.9 Mil) and increased from Sep. 2023 (RM115.9 Mil) to Dec. 2023 (RM129.1 Mil).

MMAG Holdings Bhd's annual accounts payable & accrued expense increased from Mar. 2021 (RM24.5 Mil) to Mar. 2022 (RM48.6 Mil) but then declined from Mar. 2022 (RM48.6 Mil) to Mar. 2023 (RM44.9 Mil).

MMAG Holdings Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for MMAG Holdings 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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MMAG Holdings Bhd Accounts Payable & Accrued Expense Chart

MMAG Holdings Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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19.81

20.72

24.45

48.56

44.89

MMAG Holdings 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															95.01	44.89	111.33	115.86	129.07

MMAG Holdings 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.

MMAG Holdings Bhd (XKLS:0034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MMAG Holdings Bhd (XKLS:0034) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 3, Jalan TP2, Taman Perindustrian UEP, Subang Jaya, SGR, MYS, 47600

Website

https://www.mmag.com.my

MMAG Holdings Bhd is a Malaysia-based company engaged in investment holding. The company's operating segment includes Mobile and fulfillment; Courier and Logistic Services, Air freight and Others. It generates maximum revenue from the Mobile and fulfilments segment. The mobile and fulfilments segment includes distribution of smart devices, mobile operator's strategic 3PL and 4PL partners, fulfillment system and fulfilments marketplace providers and mobile retail stores. The Logistic services segment provides courier and delivery services. Air freight segment includes Provision of air cargo services. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore.

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