Philippine Business Bank (PHS:PBB) Accounts Payable & Accrued Expense : ₱1,507 Mil (As of Mar. 2024)

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What is Philippine Business Bank Accounts Payable & Accrued Expense?

Philippine Business Bank's quarterly accounts payable & accrued expense declined from Sep. 2023 (₱1,349 Mil) to Dec. 2023 (₱1,244 Mil) but then increased from Dec. 2023 (₱1,244 Mil) to Mar. 2024 (₱1,507 Mil).

Philippine Business Bank's annual accounts payable & accrued expense increased from Dec. 2021 (₱616 Mil) to Dec. 2022 (₱931 Mil) and increased from Dec. 2022 (₱931 Mil) to Dec. 2023 (₱1,244 Mil).

Philippine Business Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Philippine Business Bank'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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Philippine Business Bank Accounts Payable & Accrued Expense Chart

Philippine Business Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,056.05

985.73

615.72

930.75

1,244.00

Philippine Business Bank 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															1,695.73	1,760.06	1,349.08	1,244.00	1,507.14

Philippine Business Bank 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.

Philippine Business Bank (PHS:PBB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Philippine Business Bank (PHS:PBB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

350 Rizal Avenue Extension Corner, 8th Avenue, Grace Park, Caloocan City, PHL, 1400

Website

https://www.pbb.com.ph

Philippine Business Bank engages in the business of thrift banking. It provides banking and financial services. The company's operating segments are Consumer Banking which includes auto financing, home financing, and salary or personal loans; Corporate Banking which includes term loans, working capital credit lines, bills purchase, and discounting lines; Treasury Operations engages in managing the liquidity of the Bank and its trading and investment activities; and Retail Banking includes the branch banking operations.. The majority of its revenue comes from the Corporate Banking segment.

Philippine Business Bank (PHS:PBB) Headlines

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