SP New Energy (PHS:SPNEC) Accounts Payable & Accrued Expense : ₱1,058.4 Mil (As of Mar. 2024)

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What is SP New Energy Accounts Payable & Accrued Expense?

SP New Energy's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱976.6 Mil) to Dec. 2023 (₱990.7 Mil) and increased from Dec. 2023 (₱990.7 Mil) to Mar. 2024 (₱1,058.4 Mil).

SP New Energy's annual accounts payable & accrued expense declined from Dec. 2020 (₱17.9 Mil) to Jun. 2022 (₱0.0 Mil) but then increased from Jun. 2022 (₱0.0 Mil) to Dec. 2023 (₱990.7 Mil).

SP New Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for SP New Energy'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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SP New Energy Accounts Payable & Accrued Expense Chart

SP New Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Jun22

Dec23

Accounts Payable & Accrued Expense

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44.03

11.19

17.88

990.73

SP New Energy Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									85.15	77.04	976.63	990.73	1,058.41

SP New Energy 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.

SP New Energy (PHS:SPNEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SP New Energy Corp (PHS:SPNEC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

112 Legaspi Street, Legaspi Village, Brgy. San Lorenzo, Makati, PHL, 1229

Website

https://www.spnec.ph

SP New Energy Corp is a renewable energy power generation company. The primary purpose is to construct, erect, assemble, commission, operate, and maintain power-generating plants, warehouses, terminals, and related facilities for the conversion of renewable energy into a usable form fit for electricity generation and distribution.

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