PHI Group (PHI Group) Accounts Payable & Accrued Expense : $3.21 Mil (As of Mar. 2024)

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What is PHI Group Accounts Payable & Accrued Expense?

PHI Group's quarterly accounts payable & accrued expense increased from Sep. 2023 ($3.00 Mil) to Dec. 2023 ($3.26 Mil) but then declined from Dec. 2023 ($3.26 Mil) to Mar. 2024 ($3.21 Mil).

PHI Group's annual accounts payable & accrued expense declined from Jun. 2021 ($4.32 Mil) to Jun. 2022 ($2.62 Mil) but then increased from Jun. 2022 ($2.62 Mil) to Jun. 2023 ($3.13 Mil).

PHI Group Accounts Payable & Accrued Expense Historical Data

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

PHI Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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3.47

4.85

4.32

2.62

3.13

PHI 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															2.92	3.13	3.00	3.26	3.21

PHI 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.

PHI Group (PHI Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PHI Group Inc (OTCPK:PHIL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PHIG:USA

Address

2323 Main Street, Irvine, CA, USA, 92614

Website

https://www.philuxcapital.com

PHI Group Inc is part of the financial services industry. Its primary scope of business is mergers and acquisitions. Its M&A advisory and consulting services include strategic and transaction advisory and consulting services related to acquisitions and divestitures. It advises and consults with buyers and sellers of businesses, provides corporate restructuring and turnaround management services, and delivers post-closing value enhancement services.

Executives

Henry Fahman	director, 10 percent owner, officer: President/CEO	17011 BEACH BLVD, SUITE 1230, HUNTINGTON BEACH CA 92647
Tina T Phan	director, officer: SECRETARY/TREASURER	17011 BEACH BLVD, SUITE 1230, HUNTINGTON BEACH CA 92647
Providential Holdings Inc	other: Issuer	PO BOX 11620, WESTMINSTER CA 92685
Tina Phan	director, officer: Secretary/Treasurer	8700 WARNER AVE STE 200, FOUNTAIN VALLEY CA 92708