Philippine Estates (PHS:PHES) Accounts Payable & Accrued Expense : ₱120.2 Mil (As of Mar. 2024)

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What is Philippine Estates Accounts Payable & Accrued Expense?

Philippine Estates's quarterly accounts payable & accrued expense declined from Sep. 2023 (₱110.5 Mil) to Dec. 2023 (₱44.3 Mil) but then increased from Dec. 2023 (₱44.3 Mil) to Mar. 2024 (₱120.2 Mil).

Philippine Estates's annual accounts payable & accrued expense declined from Dec. 2021 (₱56.3 Mil) to Dec. 2022 (₱44.0 Mil) but then increased from Dec. 2022 (₱44.0 Mil) to Dec. 2023 (₱44.3 Mil).

Philippine Estates Accounts Payable & Accrued Expense Historical Data

The historical data trend for Philippine Estates'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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Philippine Estates Accounts Payable & Accrued Expense Chart

Philippine Estates Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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87.45

46.31

56.33

44.02

44.26

Philippine Estates 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															121.51	108.42	110.53	44.26	120.18

Philippine Estates 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.

Philippine Estates (PHS:PHES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Philippine Estates Corp (PHS:PHES) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Julia Vargas Avenue corner, Meralco Avenue, 35th Floor One Corporate Center, Ortigas Center, Pasig, PHL, 1605

Website

https://www.phes.com.ph

Philippine Estates Corporation is a real estate company engaged in the business of holding and developing real estate properties or other properties. Its segments include Metro Manila, which includes an industrial park and condominium projects; Other Luzon Areas such as Bulacan, Cavite-subdivision development; Cebu includes subdivision, mixed-use, and condominium projects; Iloilo includes subdivision, mixed-use, and condominium projects; and Davao, which includes an administrative office. It offers real estate properties for industrial, commercial, residential, and leisure or sports purposes. The group derives key revenue from Cebu and Iloilo business segments.

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