Island Information & Technology (PHS:IS) Accounts Payable & Accrued Expense : ₱124.11 Mil (As of Jan. 2024)

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What is Island Information & Technology Accounts Payable & Accrued Expense?

Island Information & Technology's quarterly accounts payable & accrued expense declined from Jul. 2023 (₱124.55 Mil) to Oct. 2023 (₱122.96 Mil) but then increased from Oct. 2023 (₱122.96 Mil) to Jan. 2024 (₱124.11 Mil).

Island Information & Technology's annual accounts payable & accrued expense increased from Oct. 2021 (₱121.61 Mil) to Oct. 2022 (₱122.54 Mil) and increased from Oct. 2022 (₱122.54 Mil) to Oct. 2023 (₱122.96 Mil).

Island Information & Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Island Information & Technology'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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Island Information & Technology Accounts Payable & Accrued Expense Chart

Island Information & Technology Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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0.05

121.15

121.61

122.54

122.96

Island Information & Technology Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															124.14	124.17	124.55	122.96	124.11

Island Information & Technology 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.

Island Information & Technology (PHS:IS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Island Information & Technology Inc (PHS:IS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

120 Amorsolo Street, 4th Floor, 4-B Vernida 1 Condominium, Legaspi Village, Makati City, PHL, 1200

Website

http://www.iiti.ph

Island Information & Technology Inc engages in the provision of information technology services. It offers products and services such as computer hardware, software and other related products. The company provides services related to the Internet and computer networks. The company covers product development, licensing, marketing, sales and resale, distribution, operations and upgrading of and maintenance of computer software.