Philippinevings Bank (PHS:PSB) Accounts Payable & Accrued Expense : ₱3,159 Mil (As of Mar. 2024)

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What is Philippinevings Bank Accounts Payable & Accrued Expense?

Philippinevings Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱3,174 Mil) to Dec. 2023 (₱3,384 Mil) but then declined from Dec. 2023 (₱3,384 Mil) to Mar. 2024 (₱3,159 Mil).

Philippinevings Bank's annual accounts payable & accrued expense increased from Dec. 2021 (₱2,193 Mil) to Dec. 2022 (₱3,336 Mil) and increased from Dec. 2022 (₱3,336 Mil) to Dec. 2023 (₱3,384 Mil).

Philippinevings Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Philippinevings 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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Philippinevings Bank Accounts Payable & Accrued Expense Chart

Philippinevings Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,343.56

3,208.72

2,192.60

3,336.37

3,383.81

Philippinevings 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															3,014.13	3,212.86	3,174.50	3,383.81	3,159.40

Philippinevings 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.

Philippinevings Bank (PHS:PSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Philippine Savings Bank (PHS:PSB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Paseo de Roxas Avenue corner Sedeno Street, PSBank Center, Makati City, PHL, 1226

Website

https://www.psbank.com.ph

Philippine Savings Bank is a consumer banking company. Its services can be summed up as deposits, loans, treasury, and trust functions offered to the consumer and commercial market. The company structures its business into segments, such as Consumer Banking, Corporate Banking, Branch Banking, and Treasury. The consumer and corporate banking segments cater to the consumer and corporate customers respectively. The branch banking segment integrates the services provided by the consumer and corporate banking segments. Under the treasury banking segment, the company handles the money market and trading activities.