T7 Global Bhd (XKLS:7228) Accounts Payable & Accrued Expense : RM79.7 Mil (As of Mar. 2024)

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What is T7 Global Bhd Accounts Payable & Accrued Expense?

T7 Global Bhd's quarterly accounts payable & accrued expense declined from Sep. 2023 (RM104.2 Mil) to Dec. 2023 (RM99.3 Mil) and declined from Dec. 2023 (RM99.3 Mil) to Mar. 2024 (RM79.7 Mil).

T7 Global Bhd's annual accounts payable & accrued expense declined from Dec. 2021 (RM78.8 Mil) to Dec. 2022 (RM71.5 Mil) but then increased from Dec. 2022 (RM71.5 Mil) to Dec. 2023 (RM99.3 Mil).

T7 Global Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for T7 Global 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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T7 Global Bhd Accounts Payable & Accrued Expense Chart

T7 Global Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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27.76

54.42

78.79

71.51

99.34

T7 Global Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															82.05	92.07	104.19	99.34	79.73

T7 Global 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.

T7 Global Bhd (XKLS:7228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » T7 Global Bhd (XKLS:7228) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

338, Jalan Tun Razak, KL Trillion Corporate Tower, C-16-01, Level 16, Block C, Wilayah Persekutuan, Kuala Lumpur, MYS, 50400

Website

https://www.t7global.com.my

T7 Global Bhd is a Malaysia-based international offshore oilfield service provider for the upstream and downstream players in the oil and gas industry with a presence in Asia. Its segments include Products and services, Manpower supply, and Engineered packages. The group serves a wide range of customers which include multinational oil majors, national oil companies as well as multinational oil corporation throughout the World.

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