Petronas Dagangan Bhd (XKLS:5681) Accounts Payable & Accrued Expense : RM5,589 Mil (As of Mar. 2024)

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What is Petronas Dagangan Bhd Accounts Payable & Accrued Expense?

Petronas Dagangan Bhd's quarterly accounts payable & accrued expense declined from Sep. 2023 (RM6,181 Mil) to Dec. 2023 (RM5,285 Mil) but then increased from Dec. 2023 (RM5,285 Mil) to Mar. 2024 (RM5,589 Mil).

Petronas Dagangan Bhd's annual accounts payable & accrued expense increased from Dec. 2021 (RM3,632 Mil) to Dec. 2022 (RM5,044 Mil) and increased from Dec. 2022 (RM5,044 Mil) to Dec. 2023 (RM5,285 Mil).

Petronas Dagangan Bhd Accounts Payable & Accrued Expense Historical Data

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

Petronas Dagangan Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,431.70

2,263.46

3,632.31

5,043.93

5,284.53

Petronas Dagangan Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,868.46	4,808.53	6,181.38	5,284.53	5,589.01

Petronas Dagangan 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.

Petronas Dagangan Bhd (XKLS:5681) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petronas Dagangan Bhd (XKLS:5681) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Tower 1, Petronas Twin Towers, Level 30-33, Kuala Lumpur City Centre, Kuala Lumpur, MYS, 50088

Website

https://www.mymesra.com.my

Petronas Dagangan Bhd offers a variety of petroleum products and services to retail and industrial customers. As the leading revenue generator, retail operations are the leading focus of the company. In Malaysia, the retail business includes hundreds of retail stations that also serve as convenience stores. As a compliment to its network of retail stations, Petronas offers a loyalty program that allows members to accumulate points and redeem either fuel or selected items. The company's other businesses include a commercial unit, liquefied petroleum gas unit, and a lubricants business. Through the commercial business, Petronas markets petroleum products in bulk to manufacturing, aviation, power, energy, agriculture, fisheries, and transportation segments.

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