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SSI Group (PHS:SSI) Accounts Payable & Accrued Expense : ₱5,920 Mil (As of Mar. 2024)


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What is SSI Group Accounts Payable & Accrued Expense?

SSI Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (₱6,332 Mil) to Dec. 2023 (₱4,694 Mil) but then increased from Dec. 2023 (₱4,694 Mil) to Mar. 2024 (₱5,920 Mil).

SSI Group's annual accounts payable & accrued expense increased from Dec. 2021 (₱2,240 Mil) to Dec. 2022 (₱3,724 Mil) and increased from Dec. 2022 (₱3,724 Mil) to Dec. 2023 (₱4,694 Mil).


SSI Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for SSI Group'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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SSI Group Accounts Payable & Accrued Expense Chart

SSI Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,378.95 1,941.16 2,240.39 3,723.55 4,694.44

SSI Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,364.86 4,754.33 6,331.96 4,694.44 5,919.62

SSI Group 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.


SSI Group (PHS:SSI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
403 Senator Gil Puyat Avenue, 6th Floor, Midland Buendia Building, Makati City, PHL, 1200
SSI Group Inc together with its subsidiaries operates specialty retail stores in the Philippines. The company operates the retail network of more than 524 stores located within approximately 80 malls across the Philippines, including Metro Manila, Luzon, Visayas, and Mindanao. The company provides luxury and bridge apparel, casual wear and fast fashion, footwear, accessories and luggage, food, home and decor, and beauty and personal care products. Geographically, the company derives revenue from Philippines.

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