Premiere Horizon Alliance (PHS:PHA) Accounts Payable & Accrued Expense : ₱175.8 Mil (As of Mar. 2024)

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What is Premiere Horizon Alliance Accounts Payable & Accrued Expense?

Premiere Horizon Alliance's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱107.7 Mil) to Dec. 2023 (₱206.6 Mil) but then declined from Dec. 2023 (₱206.6 Mil) to Mar. 2024 (₱175.8 Mil).

Premiere Horizon Alliance's annual accounts payable & accrued expense increased from Dec. 2021 (₱217.5 Mil) to Dec. 2022 (₱229.4 Mil) but then declined from Dec. 2022 (₱229.4 Mil) to Dec. 2023 (₱206.6 Mil).

Premiere Horizon Alliance Accounts Payable & Accrued Expense Historical Data

The historical data trend for Premiere Horizon Alliance'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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Premiere Horizon Alliance Accounts Payable & Accrued Expense Chart

Premiere Horizon Alliance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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354.85

268.15

217.47

229.37

206.62

Premiere Horizon Alliance 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															163.12	125.07	107.72	206.62	175.77

Premiere Horizon Alliance 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.

Premiere Horizon Alliance (PHS:PHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Premiere Horizon Alliance Corp (PHS:PHA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exchange Road, Ortigas Center, Unit 1705, 17th Floor, East Tower, Philippine Stock Exchange Center, Metro Manila, Pasig, PHL, 1605

Website

https://www.premierehorizon.com

Premiere Horizon Alliance Corp engages in the business activities relating to entertainment, gaming, hotel, and leisure. The company business segments are Mining, Real estate, Service contract, and others. Its Mining segment pertains to the operations of RCDC (Redstone Construction and Development Corporation) which provides hauling and excavation for mining companies. The company generates maximum revenue from the Real estate segment.