Philippine Trust Co (PHS:PTC) Accounts Payable & Accrued Expense : ₱379 Mil (As of Mar. 2024)

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What is Philippine Trust Co Accounts Payable & Accrued Expense?

Philippine Trust Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱293 Mil) to Dec. 2023 (₱309 Mil) and increased from Dec. 2023 (₱309 Mil) to Mar. 2024 (₱379 Mil).

Philippine Trust Co's annual accounts payable & accrued expense increased from Dec. 2021 (₱182 Mil) to Dec. 2022 (₱208 Mil) and increased from Dec. 2022 (₱208 Mil) to Dec. 2023 (₱309 Mil).

Philippine Trust Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Philippine Trust Co'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 Trust Co Accounts Payable & Accrued Expense Chart

Philippine Trust Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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139.13

125.57

181.84

208.41

309.39

Philippine Trust Co 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															255.92	215.81	292.59	309.39	378.90

Philippine Trust Co 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 Trust Co (PHS:PTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Philippine Trust Co (PHS:PTC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 United Nation Avenue, Corner San Marcelino Street, Philtrust Bank Building, Manila, PHL, 1007

Website

https://www.philtrustbank.com

Philippine Trust Co is a Philippine banking corporation. The bank's services can be grouped into domestic and international. Under the umbrella of its domestic services, the bank provides checking account, savings account, business loans, time deposits, remittances, safe deposit boxes and securities investments. The company's core revenues can be attributed to the domestic segment. In its international services segment, it has services such as import financing, export financing, inward remittances, outward remittances and domestic remittances. The company also operates various kinds of trusts such as Life Insurance Trust, personal living trust, stock and transfer agencies and directional investment management accounts.