Union Bank Of The Philippines (PHS:UBP) Accounts Payable & Accrued Expense : ₱179,058 Mil (As of Mar. 2024)

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What is Union Bank Of The Philippines Accounts Payable & Accrued Expense?

Union Bank Of The Philippines's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱141,834 Mil) to Dec. 2023 (₱177,043 Mil) and increased from Dec. 2023 (₱177,043 Mil) to Mar. 2024 (₱179,058 Mil).

Union Bank Of The Philippines's annual accounts payable & accrued expense increased from Dec. 2021 (₱58,423 Mil) to Dec. 2022 (₱152,776 Mil) and increased from Dec. 2022 (₱152,776 Mil) to Dec. 2023 (₱177,043 Mil).

Union Bank Of The Philippines Accounts Payable & Accrued Expense Historical Data

The historical data trend for Union Bank Of The Philippines'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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Union Bank Of The Philippines Accounts Payable & Accrued Expense Chart

Union Bank Of The Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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114,632.52

62,562.15

58,423.42

152,775.75

177,043.06

Union Bank Of The Philippines 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															139,787.78	144,401.05	141,834.16	177,043.06	179,058.45

Union Bank Of The Philippines 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.

Union Bank Of The Philippines (PHS:UBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank Of The Philippines Inc (PHS:UBP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meralco Avenue corner Onyx and Sapphire Streets, UnionBank Plaza, Ortigas Center, Pasig, PHL, 1605

Website

https://www.unionbankph.com

Union Bank Of The Philippines Inc is a company which provides commercial banking products and services. It offers loans and deposits, cash management, retail banking, foreign exchange, capital markets, corporate and consumer finance, investment management and trust banking. The group's main operating business segments are Consumer Banking, Corporate and Commercial Banking, Treasury and Headquarters. The majority share of groups revenue is generated from Consumer Banking business segment which principally handles individual customers' deposits and provides consumer type loans, such as automobiles and mortgage financing, credit card facilities and funds transfer facilities.