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Synergy Empire (Synergy Empire) Accounts Payable & Accrued Expense : $0.06 Mil (As of Dec. 2023)


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What is Synergy Empire Accounts Payable & Accrued Expense?

Synergy Empire's quarterly accounts payable & accrued expense declined from Jun. 2023 ($0.06 Mil) to Sep. 2023 ($0.06 Mil) and declined from Sep. 2023 ($0.06 Mil) to Dec. 2023 ($0.06 Mil).

Synergy Empire's annual accounts payable & accrued expense declined from Mar. 2021 ($0.18 Mil) to Mar. 2022 ($0.11 Mil) and declined from Mar. 2022 ($0.11 Mil) to Mar. 2023 ($0.08 Mil).


Synergy Empire Accounts Payable & Accrued Expense Historical Data

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

Synergy Empire Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
0.20 0.16 0.18 0.11 0.08

Synergy Empire Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.08 0.06 0.06 0.06

Synergy Empire 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.


Synergy Empire (Synergy Empire) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 19 Jalan 12/118B, Desa Tun Razak, Kuala Lumpur, MYS, 56100
Synergy Empire Ltd is engaged in the production and sale of food products, specifically desserts created and sold through various restaurants. The company sells the products under the brand name Sweet Hut. The company has two restaurant outlets and one central kitchen in Malaysia. The company cooperates with online food delivery companies to have their desserts displayed on their platforms in order to promote their desserts such as Foodpanda and Honestbee food delivery. The firm generates the majority of its revenue from the Dine-in service.

Synergy Empire (Synergy Empire) Headlines

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