XOX Technology Bhd (XKLS:0017) Accounts Payable & Accrued Expense : RM60.3 Mil (As of Dec. 2023)

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What is XOX Technology Bhd Accounts Payable & Accrued Expense?

XOX Technology Bhd's quarterly accounts payable & accrued expense increased from Jun. 2023 (RM42.1 Mil) to Sep. 2023 (RM57.5 Mil) and increased from Sep. 2023 (RM57.5 Mil) to Dec. 2023 (RM60.3 Mil).

XOX Technology Bhd's annual accounts payable & accrued expense increased from Mar. 2021 (RM17.8 Mil) to Mar. 2022 (RM23.4 Mil) and increased from Mar. 2022 (RM23.4 Mil) to Mar. 2023 (RM24.8 Mil).

XOX Technology Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for XOX Technology Bhd'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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XOX Technology Bhd Accounts Payable & Accrued Expense Chart

XOX Technology Bhd Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Dec19

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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8.73

14.14

17.82

23.41

24.84

XOX Technology Bhd Quarterly Data
	Mar18	Sep18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															29.85	24.84	42.07	57.49	60.27

XOX Technology Bhd 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.

XOX Technology Bhd (XKLS:0017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » XOX Technology Bhd (XKLS:0017) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Lot 17.1, 17th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410

Website

https://www.m3tech.com.my

XOX Technology Bhd, formerly M3 Technologies (Asia) Bhd is engaged in the provision of mobile value-added services. Business activity of the firm is operated through the region of Malaysia, Pakistan, United Arab Emirates - Dubai, and Other Countries of which Pakistan region accounts for a larger share of the revenue. The business activities function through Mobile Solutions; Cloud Services Solutions and Trading and Distribution business. It offers a range of mobile solutions and platforms, such as multimedia products, wireless access protocol (WAP) and Java 2 Micro Edition (J2ME) applications catering to all channels of its business, such as Business to Consumer, Business to Business and Business to Owner.

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