A. Soriano (PHS:ANS) Accounts Payable & Accrued Expense : ₱2,216 Mil (As of Mar. 2024)

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What is A. Soriano Accounts Payable & Accrued Expense?

A. Soriano's quarterly accounts payable & accrued expense declined from Sep. 2023 (₱1,743 Mil) to Dec. 2023 (₱1,737 Mil) but then increased from Dec. 2023 (₱1,737 Mil) to Mar. 2024 (₱2,216 Mil).

A. Soriano's annual accounts payable & accrued expense increased from Dec. 2021 (₱1,478 Mil) to Dec. 2022 (₱1,627 Mil) and increased from Dec. 2022 (₱1,627 Mil) to Dec. 2023 (₱1,737 Mil).

A. Soriano Accounts Payable & Accrued Expense Historical Data

The historical data trend for A. Soriano'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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A. Soriano Accounts Payable & Accrued Expense Chart

A. Soriano Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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926.03

1,001.54

1,478.33

1,626.91

1,737.34

A. Soriano 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															2,379.25	1,641.65	1,743.00	1,737.34	2,216.11

A. Soriano 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.

A. Soriano (PHS:ANS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » A. Soriano Corp (PHS:ANS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Makati Avenue corner Gil Puyat Avenue Extension, 7th Floor, Pacific Star Building, Makati, PHL, 1209

Website

https://www.anscor.com.ph

A. Soriano Corp is a holding company. It operates with various business segments such as the Holding Company segment, the Resort Operations segment is involved in hotel and resort accommodation, relaxation and entertainment, and construction and sale of villas, and the Cable and Wire Manufacturing segment is engaged in manufacturing, importing, exporting, buying and selling goods, such as building wires, power cables, aluminum wires, and cables and Other operations include air transportation, hangarage, real estate holding and management, and recruitment services. The majority of its revenue comes from the Cable and Wire Manufacturing segment.

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