SPC Power (PHS:SPC) Accounts Payable & Accrued Expense : ₱775 Mil (As of Mar. 2024)

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What is SPC Power Accounts Payable & Accrued Expense?

SPC Power's quarterly accounts payable & accrued expense declined from Sep. 2023 (₱967 Mil) to Dec. 2023 (₱827 Mil) and declined from Dec. 2023 (₱827 Mil) to Mar. 2024 (₱775 Mil).

SPC Power's annual accounts payable & accrued expense increased from Dec. 2021 (₱506 Mil) to Dec. 2022 (₱753 Mil) and increased from Dec. 2022 (₱753 Mil) to Dec. 2023 (₱827 Mil).

SPC Power Accounts Payable & Accrued Expense Historical Data

The historical data trend for SPC Power'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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SPC Power Accounts Payable & Accrued Expense Chart

SPC Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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318.39

290.22

505.65

752.50

827.00

SPC Power 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															789.03	1,034.25	966.65	827.00	775.40

SPC Power 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.

SPC Power (PHS:SPC) Business Description

Industry

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Address

Archbishop Reyes Avenue, Cebu Business Park, 7th Floor, Cebu Holdings Center, Cebu, PHL, 6000

Website

http://www.spcpowergroup.com

SPC Power Corp is managed through three segments: Generation and supply of power and ancillary services to NPC/PSALM, NGCP, distribution utilities, WESM and other customers; Distribution and sales of electricity to the end-users; and Others segment that operates SECI and SLCI such as to manage, operate and invest in power generating plants and related facilities. It operates and generates revenue principally only in the Philippines.