MTQ (MTQCF) Accounts Payable & Accrued Expense : $12.13 Mil (As of Sep. 2024)

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What is MTQ Accounts Payable & Accrued Expense?

MTQ's quarterly accounts payable & accrued expense declined from Sep. 2023 ($10.76 Mil) to Mar. 2024 ($4.73 Mil) but then increased from Mar. 2024 ($4.73 Mil) to Sep. 2024 ($12.13 Mil).

MTQ's annual accounts payable & accrued expense increased from Mar. 2022 ($8.44 Mil) to Mar. 2023 ($8.54 Mil) but then declined from Mar. 2023 ($8.54 Mil) to Mar. 2024 ($4.73 Mil).

MTQ Accounts Payable & Accrued Expense Historical Data

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

MTQ Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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5.30

2.63

8.44

8.54

4.73

MTQ Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13.40	8.54	10.76	4.73	12.13

MTQ 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.

MTQ Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MTQ Corp Ltd (OTCPK:MTQCF) » Definitions » Accounts Payable & Accrued Expense

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M05:Singapore

Address

100 Tuas South Avenue 8, Singapore, SGP, 637424

Website

http://www.mtq.com.sg

MTQ Corp Ltd is a company, that engages in the provision of engineering solutions for oilfield equipment. The principal activities of the Company relate to those of an investment holding and management company. It offers engineering services for the servicing, manufacturing, assembly, and fabrication of oilfield equipment, such as valves and blow-out-preventers; rents and sells oilfield equipment and spare parts, such as heat exchanger mud coolers, shale shakers, drilling handling tools, bop pressure test units and torque tools. The firm also engages in the business of renting and sale of oilfield equipment.. It operates through the following business segments: Investment holding and Oilfield engineering segment out of which the Oilfield engineering segment derives the majority of revenue.

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