Comfort Gloves Bhd (XKLS:2127) Accounts Payable & Accrued Expense : RM41.4 Mil (As of Mar. 2024)

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What is Comfort Gloves Bhd Accounts Payable & Accrued Expense?

Comfort Gloves Bhd's quarterly accounts payable & accrued expense declined from Sep. 2023 (RM43.8 Mil) to Dec. 2023 (RM28.9 Mil) but then increased from Dec. 2023 (RM28.9 Mil) to Mar. 2024 (RM41.4 Mil).

Comfort Gloves Bhd's annual accounts payable & accrued expense declined from Jan. 2021 (RM73.2 Mil) to Dec. 2022 (RM30.0 Mil) and declined from Dec. 2022 (RM30.0 Mil) to Dec. 2023 (RM28.9 Mil).

Comfort Gloves Bhd Accounts Payable & Accrued Expense Historical Data

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

Comfort Gloves Bhd Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Dec22

Dec23

Accounts Payable & Accrued Expense

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63.94

50.15

73.23

29.97

28.90

Comfort Gloves Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															51.04	42.86	43.84	28.90	41.38

Comfort Gloves 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.

Comfort Gloves Bhd (XKLS:2127) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Comfort Gloves Bhd (XKLS:2127) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Lot 821, Jalan Matang, Matang, Taiping, PRK, MYS, 34750

Website

https://www.comfort-rubber.com.my

Comfort Gloves Bhd is engaged in the manufacture and trading of natural and synthetic specialty examination gloves. It has four segments. The manufacturing segment, which is the key revenue driver, is engaged in the manufacture and trading of latex gloves. The investment holding segment comprises investment holding and the provision of management services. Its Trading segment is involved in the trading of latex gloves. The company has two manufacturing plants located in Simpang and Matang, Taiping. Its key markets are Malaysia, the United States of America and Canada, Asia, Europe, and others.

Comfort Gloves Bhd (XKLS:2127) Headlines

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