2Go Group (PHS:2GO) Accounts Payable & Accrued Expense : ₱1,913 Mil (As of Mar. 2023)

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What is 2Go Group Accounts Payable & Accrued Expense?

2Go Group's quarterly accounts payable & accrued expense increased from Sep. 2022 (₱1,635 Mil) to Dec. 2022 (₱2,356 Mil) but then declined from Dec. 2022 (₱2,356 Mil) to Mar. 2023 (₱1,913 Mil).

2Go Group's annual accounts payable & accrued expense declined from Dec. 2020 (₱2,121 Mil) to Dec. 2021 (₱1,603 Mil) but then increased from Dec. 2021 (₱1,603 Mil) to Dec. 2022 (₱2,356 Mil).

2Go Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for 2Go 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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2Go Group Accounts Payable & Accrued Expense Chart

2Go Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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3,911.14

3,074.99

2,120.84

1,602.72

2,355.65

2Go Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,797.31	1,881.20	1,635.26	2,355.65	1,913.00

2Go 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.

2Go Group (PHS:2GO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » 2Go Group Inc (PHS:2GO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Macapagal Boulevard, 8th Floor Double Dragon Plaza, Tower 1, corner EDSA Extension, Pasay, PHL, 1302

Website

https://www.2go.com.ph

2Go Group Inc is a Philippines-based logistics provider. The group owns and operates successful brands such as 2GO Travel, 2GO Freight, 2GO Express, and 2GO Logistics, offering an array of logistics and travel services. The business functions throughout the Philippines and it offers services such as international shipping, international freight forwarding, customs clearance, domestic shipping, freight and travel, warehousing, land transport, express, projects, and trade. Its reporting segments involve the shipping segment which t provides ocean-going transportation of passengers, rolling cargo, and freight cargo and the non-shipping segment provides logistics, sale of goods, supply chain management, and other services.

2Go Group (PHS:2GO) Headlines

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