MMS Ventures Bhd (XKLS:0113) Accounts Payable & Accrued Expense : RM0.63 Mil (As of Dec. 2023)

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What is MMS Ventures Bhd Accounts Payable & Accrued Expense?

MMS Ventures Bhd's quarterly accounts payable & accrued expense increased from Jun. 2023 (RM5.15 Mil) to Sep. 2023 (RM6.12 Mil) but then declined from Sep. 2023 (RM6.12 Mil) to Dec. 2023 (RM0.63 Mil).

MMS Ventures Bhd's annual accounts payable & accrued expense declined from Dec. 2021 (RM5.20 Mil) to Dec. 2022 (RM2.23 Mil) and declined from Dec. 2022 (RM2.23 Mil) to Dec. 2023 (RM0.63 Mil).

MMS Ventures Bhd Accounts Payable & Accrued Expense Historical Data

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

MMS Ventures Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3.80

2.46

5.20

2.23

0.63

MMS Ventures 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															2.23	6.60	5.15	6.12	0.63

MMS Ventures 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.

MMS Ventures Bhd (XKLS:0113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MMS Ventures Bhd (XKLS:0113) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Plot 84A, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park, Phase 4, Bayan Lepas, PNG, MYS, 11900

Website

https://www.mmsv.com.my

MMS Ventures Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the company is involved in the design and manufacture of LED and Semiconductor Industrial Automation Systems and Machinery. The business activity of the group functions through the Manufacture of automated systems and machinery; and the Development of software segments. Geographically, the business presence of the entity is seen across the regions of Asia, America, Europe, Malaysia, and Australia, of which prime revenue is derived from Malaysia and America.

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