Metro Pacific Investments (PHS:MPI) Accounts Payable & Accrued Expense : ₱21,999 Mil (As of Jun. 2023)

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What is Metro Pacific Investments Accounts Payable & Accrued Expense?

Metro Pacific Investments's quarterly accounts payable & accrued expense increased from Dec. 2022 (₱23,914 Mil) to Mar. 2023 (₱51,858 Mil) but then declined from Mar. 2023 (₱51,858 Mil) to Jun. 2023 (₱21,999 Mil).

Metro Pacific Investments's annual accounts payable & accrued expense increased from Dec. 2020 (₱24,973 Mil) to Dec. 2021 (₱38,852 Mil) but then declined from Dec. 2021 (₱38,852 Mil) to Dec. 2022 (₱23,914 Mil).

Metro Pacific Investments Accounts Payable & Accrued Expense Historical Data

The historical data trend for Metro Pacific Investments'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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Metro Pacific Investments Accounts Payable & Accrued Expense Chart

Metro Pacific Investments Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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26,398.00

34,165.00

24,973.00

38,852.00

23,914.00

Metro Pacific Investments Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															42,281.00	24,845.00	23,914.00	51,858.00	21,999.00

Metro Pacific Investments 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.

Metro Pacific Investments (PHS:MPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Metro Pacific Investments Corp (PHS:MPI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Ortigas Avenue, 9th Floor, Tower 1, Rockwell Business Center, Pasig City, PHL, 1604

Website

https://www.mpic.com.ph

Metro Pacific Investments Corp is an investment and infrastructure holding company. The company operates in the northern Philippines through various subsidiaries. Its chief segments include water, which supplies water and sewage services; power, which focuses on the distribution of energy; toll roads; light rail, which maintains rail transit and construction; and logistics, which manages warehousing, delivery, trucking, and shipping. The majority of the company's revenue is derived from its water and power segments. The company provides services for commercial, industrial, and residential customers.

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