Asia United Bank (PHS:AUB) Accounts Payable & Accrued Expense : ₱3,845 Mil (As of Mar. 2024)

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What is Asia United Bank Accounts Payable & Accrued Expense?

Asia United Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱4,511 Mil) to Dec. 2023 (₱7,444 Mil) but then declined from Dec. 2023 (₱7,444 Mil) to Mar. 2024 (₱3,845 Mil).

Asia United Bank's annual accounts payable & accrued expense increased from Dec. 2021 (₱4,329 Mil) to Dec. 2022 (₱6,066 Mil) and increased from Dec. 2022 (₱6,066 Mil) to Dec. 2023 (₱7,444 Mil).

Asia United Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asia United Bank'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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Asia United Bank Accounts Payable & Accrued Expense Chart

Asia United Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,010.63

4,433.19

4,328.88

6,065.80

7,444.38

Asia United Bank 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															4,017.41	4,321.00	4,511.00	7,444.38	3,845.00

Asia United Bank 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.

Asia United Bank (PHS:AUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Asia United Bank Corp (PHS:AUB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 17 ADB Avenue, Joy-Nostalg Center, Ortigas Center, Pasig City, PHL, 1600

Website

https://www.aub.com.ph

Asia United Bank Corp is a banking service provider in the Philippines. It offers banking and financial products to corporate and individual customers. It functions through five divisions. Commercial Banking provides lending, trade, and cash management services to corporate and institutional customers. The Consumer Banking segment offers banking services to retail customers. The Treasury segment functions include managing the group's reserve and liquidity position and maintaining its balance sheet by investing in sovereign and corporate debt instruments. The Branch Banking segment, which is the key revenue driver, offers retail deposit products. The Others segment includes the group's income from trust activities, remittances, investment banking, and gains on foreclosed properties.