First Philippine Holdings (PHS:FPH) Accounts Payable & Accrued Expense : ₱40,977 Mil (As of Mar. 2024)

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What is First Philippine Holdings Accounts Payable & Accrued Expense?

First Philippine Holdings's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱37,124 Mil) to Dec. 2023 (₱44,721 Mil) but then declined from Dec. 2023 (₱44,721 Mil) to Mar. 2024 (₱40,977 Mil).

First Philippine Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (₱46,995 Mil) to Dec. 2022 (₱38,210 Mil) but then increased from Dec. 2022 (₱38,210 Mil) to Dec. 2023 (₱44,721 Mil).

First Philippine Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for First Philippine Holdings'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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First Philippine Holdings Accounts Payable & Accrued Expense Chart

First Philippine Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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31,082.00

33,262.00

46,995.00

38,210.00

44,721.00

First Philippine Holdings 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															38,702.00	38,136.00	37,124.00	44,721.00	40,977.00

First Philippine Holdings 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.

First Philippine Holdings (PHS:FPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » First Philippine Holdings Corp (PHS:FPH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FPHPC.PFD:Philippines

Address

Ortigas Avenue, Rockwell Business Center, 6th Floor, Tower 3, Pasig City, PHL, 1604

Website

https://www.fphc.com

First Philippine Holdings Corporation, or FPH, is a Filipino holding company involved in the purchasing and acquiring of shares in energy, real estate, manufacturing, construction, and engineering companies. FPH segments its activities into Power Generation, Real Estate Development, and Energy Solutions and Construction Services business units. The company's Power Generation division generates and distributes electricity. With its primary energy subsidiaries, First Gen Corporation and Energy Development Corporation, FPH operates a portfolio of natural gas-fired, hydroelectric, geothermal, wind, and solar power plants. The company derives the vast majority of its revenue from the sale of electricity. Principally all of FPH's operations take place in the Philippines.