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JG Summit Holdings (PHS:JGS) Accounts Payable & Accrued Expense : ₱55,179 Mil (As of Mar. 2024)


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What is JG Summit Holdings Accounts Payable & Accrued Expense?

JG Summit Holdings's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱48,843 Mil) to Dec. 2023 (₱54,324 Mil) and increased from Dec. 2023 (₱54,324 Mil) to Mar. 2024 (₱55,179 Mil).

JG Summit Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (₱46,065 Mil) to Dec. 2022 (₱48,317 Mil) and increased from Dec. 2022 (₱48,317 Mil) to Dec. 2023 (₱54,324 Mil).


JG Summit Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for JG Summit 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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JG Summit Holdings Accounts Payable & Accrued Expense Chart

JG Summit Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47,132.69 41,805.30 46,065.19 48,317.45 54,324.05

JG Summit 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59,952.58 52,109.57 48,843.02 54,324.05 55,179.42

JG Summit 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.


JG Summit Holdings (PHS:JGS) Business Description

Industry
Traded in Other Exchanges
Address
ADB Avenue Corner, Poveda Road, 43rd Floor, Robinsons-Equitable Tower, Ortigas Center, Metro Manila, Pasig City, RIZ, PHL, 1600
JG Summit Holdings Inc is a diversified Filipino conglomerate, engaged in foods, agro-industrial and commodities, real estate and hotel, air transportation, banking and petrochemicals. The company also has investments in telecommunications and power generation and distribution. It also has a branded consumer foods business in China, ASEAN and an investment in a property development company in Singapore. The Group conducts businesses throughout the Philippines, but primarily in and around Metro Manila and in the regions of Luzon, Visayas and Mindanao.

JG Summit Holdings (PHS:JGS) Headlines

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