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LT Group (PHS:LTG) Accounts Payable & Accrued Expense : ₱19,952 Mil (As of Mar. 2024)


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What is LT Group Accounts Payable & Accrued Expense?

LT Group's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱29,084 Mil) to Dec. 2023 (₱32,401 Mil) but then declined from Dec. 2023 (₱32,401 Mil) to Mar. 2024 (₱19,952 Mil).

LT Group's annual accounts payable & accrued expense declined from Dec. 2021 (₱59,820 Mil) to Dec. 2022 (₱23,067 Mil) but then increased from Dec. 2022 (₱23,067 Mil) to Dec. 2023 (₱32,401 Mil).


LT Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for LT Group'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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LT Group Accounts Payable & Accrued Expense Chart

LT Group 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 72,244.96 87,428.65 59,819.80 23,067.38 32,400.86

LT Group 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 23,959.19 28,921.16 29,084.15 32,400.86 19,951.60

LT Group 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.


LT Group (PHS:LTG) Business Description

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Address
30th Street Corner Rizal Drive, 11th Floor, Unit 3 Bench Tower, Crescent Park West 5, Bonifacio Global City, Taguig, PHL, 1634
LT Group Inc has banking, property development, distilled spirits, beverage, and tobacco businesses. The company operates in the Philippines. LT's Banking business provides a full range of banking and other financial services to government, corporate, and retail customers, and it accounts for roughly half of the company's total income. The remaining income is split between the following businesses: Distilled Spirits, which manufactures and sells rum and spirits; Beverages, which produces and sells beer, soft drinks, and bottled water; Tobacco, which manufactures and sells cigarettes and other tobacco products; and Property Development, which develops, leases, manages, and sells residential real estate, but also commercial, industrial, and urban properties.

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