The Platinum Group PCL (BKK:PLAT) Accounts Payable & Accrued Expense : ฿618 Mil (As of Mar. 2024)

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What is The Platinum Group PCL Accounts Payable & Accrued Expense?

The Platinum Group PCL's quarterly accounts payable & accrued expense declined from Sep. 2023 (฿700 Mil) to Dec. 2023 (฿695 Mil) and declined from Dec. 2023 (฿695 Mil) to Mar. 2024 (฿618 Mil).

The Platinum Group PCL's annual accounts payable & accrued expense increased from Dec. 2021 (฿673 Mil) to Dec. 2022 (฿1,084 Mil) but then declined from Dec. 2022 (฿1,084 Mil) to Dec. 2023 (฿695 Mil).

The Platinum Group PCL Accounts Payable & Accrued Expense Historical Data

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

The Platinum Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,100.66

255.10

672.88

1,083.55

695.44

The Platinum Group PCL 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															901.99	809.07	700.26	695.44	618.36

The Platinum Group PCL 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.

The Platinum Group PCL (BKK:PLAT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Phetchaburi Road, 222/1398, 11th Floor, The Platinum Fashion Mall Building, Ratchathewi District, Petchaburi Road Sub-District, Bangkok, THA, 10400

Website

http://www.theplatinumgroup.co.th

The Platinum Group PCL is engaged in the provision of property rental, hotel, and food center operations in the country of Thailand. Its projects include the Platinum Fashion Mall, War Samui, Holiday Inn Express Samui Hotel, Novotel Bangkok Platinum, and the Platinum Food Center, and others. The company and its subsidiaries are organized into business units based on its products and services and have three reportable segments which are Development and rental of retail space in shopping centers and related services; Hotel operations; and Food and beverages centers. The vast majority of its revenue is generated from its retail space development and rental segment.