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DigiAsia (DigiAsia) Accounts Payable & Accrued Expense : $7.31 Mil (As of Dec. 2022)


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What is DigiAsia Accounts Payable & Accrued Expense?

DigiAsia's quarterly accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Dec. 2021 ($7.84 Mil) but then declined from Dec. 2021 ($7.84 Mil) to Dec. 2022 ($7.31 Mil).

DigiAsia's annual accounts payable & accrued expense declined from Dec. 2021 ($7.84 Mil) to Dec. 2022 ($7.31 Mil) and declined from Dec. 2022 ($7.31 Mil) to Dec. 2023 ($2.01 Mil).


DigiAsia Accounts Payable & Accrued Expense Historical Data

The historical data trend for DigiAsia'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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DigiAsia Accounts Payable & Accrued Expense Chart

DigiAsia Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
7.84 7.31 2.01

DigiAsia Semi-Annual Data
Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense 7.84 7.31 2.01

DigiAsia 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.


DigiAsia (DigiAsia) Business Description

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One Raffles Place, No. 28-02, Singapore, SGP, 048616
DigiAsia Bios Pte Ltd operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a leading fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.

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