Acesite Phils Hotel (PHS:ACE) Accounts Payable & Accrued Expense : ₱840.92 Mil (As of Mar. 2024)

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What is Acesite Phils Hotel Accounts Payable & Accrued Expense?

Acesite Phils Hotel's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱762.28 Mil) to Dec. 2023 (₱829.09 Mil) and increased from Dec. 2023 (₱829.09 Mil) to Mar. 2024 (₱840.92 Mil).

Acesite Phils Hotel's annual accounts payable & accrued expense declined from Dec. 2021 (₱942.07 Mil) to Dec. 2022 (₱838.44 Mil) and declined from Dec. 2022 (₱838.44 Mil) to Dec. 2023 (₱829.09 Mil).

Acesite Phils Hotel Accounts Payable & Accrued Expense Historical Data

The historical data trend for Acesite Phils Hotel'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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Acesite Phils Hotel Accounts Payable & Accrued Expense Chart

Acesite Phils Hotel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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437.64

978.41

942.07

838.44

829.09

Acesite Phils Hotel 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															784.59	761.82	762.28	829.09	840.92

Acesite Phils Hotel 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.

Acesite Phils Hotel (PHS:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acesite Phils Hotel Corp (PHS:ACE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

United Nations Avenue corner Maria Orosa Street, 8th Floor, Waterfront Manila Hotel and Casino, Ermita, Manila, PHL, 1000

Website

https://www.waterfronthotels.com.ph

Acesite Phils Hotel Corp operates in hotel and restaurant management operations. The Company is engaged in the business of operating a hotel or other accommodations for the general public. The company offers various categories of rooms, deluxe rooms, executive rooms and suites, and ambassador club rooms. The other guest services and facilities include a chapel, swimming pool, gym, business center, and valet-service basement carpark.

Acesite Phils Hotel (PHS:ACE) Headlines

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