VCI Global (VCI Global) Accounts Payable & Accrued Expense : $2.59 Mil (As of Dec. 2023)

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What is VCI Global Accounts Payable & Accrued Expense?

VCI Global's quarterly accounts payable & accrued expense declined from Dec. 2022 ($2.75 Mil) to Jun. 2023 ($1.78 Mil) but then increased from Jun. 2023 ($1.78 Mil) to Dec. 2023 ($2.59 Mil).

VCI Global's annual accounts payable & accrued expense increased from Dec. 2021 ($2.38 Mil) to Dec. 2022 ($2.75 Mil) but then declined from Dec. 2022 ($2.75 Mil) to Dec. 2023 ($2.59 Mil).

VCI Global Accounts Payable & Accrued Expense Historical Data

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

VCI Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.22

2.38

2.75

2.59

VCI Global Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			2.38	2.36	2.75	1.78	2.59

VCI Global 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.

VCI Global (VCI Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » VCI Global Ltd (NAS:VCIG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Jalan Bangsar 59200, B03-C-8 Menara 3A, KL Eco City, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.v-capital.co

VCI Global Ltd is a holding company. The principal activities of the Company and its subsidiaries are the provision of business Strategy consultancy and technology development solution consultancy. The firm organized its consulting services into three main segments: Business Strategy Consultancy; Technology Consultancy; and Others. It derives the majority of its revenue from the Business Strategy Consultancy segment which focuses on listing solutions, investor relations, and boardroom strategies consultancy. It has established a diverse local and international clientele, providing them with its services in both local and cross-border listings. Its role begins with pre-listing diagnosis and planning to the finalization of the entire listing process.