Orient Telecoms (LSE:ORNT) Accounts Payable & Accrued Expense : £0.04 Mil (As of Sep. 2023)

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What is Orient Telecoms Accounts Payable & Accrued Expense?

Orient Telecoms's quarterly accounts payable & accrued expense declined from Sep. 2022 (£0.05 Mil) to Mar. 2023 (£0.02 Mil) but then increased from Mar. 2023 (£0.02 Mil) to Sep. 2023 (£0.04 Mil).

Orient Telecoms's annual accounts payable & accrued expense declined from Mar. 2021 (£0.19 Mil) to Mar. 2022 (£0.05 Mil) and declined from Mar. 2022 (£0.05 Mil) to Mar. 2023 (£0.02 Mil).

Orient Telecoms Accounts Payable & Accrued Expense Historical Data

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

Orient Telecoms Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.31

0.14

0.19

0.05

0.02

Orient Telecoms Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								0.11	0.05	0.05	0.02	0.04

Orient Telecoms 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.

Orient Telecoms (LSE:ORNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Orient Telecoms PLC (LSE:ORNT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

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Traded in Other Exchanges

N/A

Address

Jalan Stesen Sentral 5, Suite 2B-25-1, 25th Floor, Plaza Sentral, Block 2B, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.orient-telecoms.com

Orient Telecoms PLC is a company that provides telecommunication services using the network infrastructure owned by other network operators to enable cost-effective and rapid connectivity to large bandwidth consumers initially in Malaysia and subsequently within other Southeast Asian countries. It operates in a highly competitive and saturated market as the company is not involved in building its own network infrastructure which would require significant capital expenditure.

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