GDEX Bhd (XKLS:0078) Accounts Payable & Accrued Expense : RM51.5 Mil (As of Mar. 2024)

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What is GDEX Bhd Accounts Payable & Accrued Expense?

GDEX Bhd's quarterly accounts payable & accrued expense declined from Sep. 2023 (RM57.8 Mil) to Dec. 2023 (RM30.4 Mil) but then increased from Dec. 2023 (RM30.4 Mil) to Mar. 2024 (RM51.5 Mil).

GDEX Bhd's annual accounts payable & accrued expense increased from Jun. 2020 (RM26.4 Mil) to Dec. 2022 (RM27.7 Mil) and increased from Dec. 2022 (RM27.7 Mil) to Dec. 2023 (RM30.4 Mil).

GDEX Bhd Accounts Payable & Accrued Expense Historical Data

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

GDEX Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Accounts Payable & Accrued Expense

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6.64

13.93

26.36

27.73

30.39

GDEX Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															44.58	58.17	57.83	30.39	51.51

GDEX 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.

GDEX Bhd (XKLS:0078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GDEX Bhd (XKLS:0078) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, Jalan Tandang, Petaling Jaya, SGR, MYS, 46050

Website

https://www.gdexpress.com

GDEX Bhd mainly engages in the provision of express delivery, logistics, information technology services, and property management. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, GDEX prepaid, and among others. The group has five business segments Express delivery, Logistics, Property management, Information technology, and Property investment. The majority of the revenue comes from the Express delivery segment. The company's geographical segments include Malaysia, which is the key revenue driver; Singapore; and Vietnam.

GDEX Bhd (XKLS:0078) Headlines

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