Thai Group Holdings PCL (BKK:TGH) Accounts Payable & Accrued Expense : ฿2,682 Mil (As of Mar. 2024)

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What is Thai Group Holdings PCL Accounts Payable & Accrued Expense?

Thai Group Holdings PCL's quarterly accounts payable & accrued expense increased from Sep. 2023 (฿2,519 Mil) to Dec. 2023 (฿3,973 Mil) but then declined from Dec. 2023 (฿3,973 Mil) to Mar. 2024 (฿2,682 Mil).

Thai Group Holdings PCL's annual accounts payable & accrued expense declined from Dec. 2021 (฿5,898 Mil) to Dec. 2022 (฿4,483 Mil) and declined from Dec. 2022 (฿4,483 Mil) to Dec. 2023 (฿3,973 Mil).

Thai Group Holdings PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Thai Group Holdings PCL'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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Thai Group Holdings PCL Accounts Payable & Accrued Expense Chart

Thai Group Holdings PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5,399.86

5,502.16

5,897.70

4,483.39

3,972.59

Thai Group Holdings PCL 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															2,266.08	2,323.23	2,519.35	3,972.59	2,682.43

Thai Group Holdings PCL 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.

Thai Group Holdings PCL (BKK:TGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Thai Group Holdings PCL (BKK:TGH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silom Road, 315 Thai Group Building, 12th Floor, Silom, Bangrak, Bangkok, THA, 10500

Website

https://www.tgh.co.th

Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the insurance business segment. The company is managed and operates principally in Thailand.