Aboitiz Power (Aboitiz Power) Accounts Payable & Accrued Expense : $605 Mil (As of Mar. 2024)

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What is Aboitiz Power Accounts Payable & Accrued Expense?

Aboitiz Power's quarterly accounts payable & accrued expense increased from Sep. 2023 ($495 Mil) to Dec. 2023 ($565 Mil) and increased from Dec. 2023 ($565 Mil) to Mar. 2024 ($605 Mil).

Aboitiz Power's annual accounts payable & accrued expense increased from Dec. 2021 ($395 Mil) to Dec. 2022 ($570 Mil) but then declined from Dec. 2022 ($570 Mil) to Dec. 2023 ($565 Mil).

Aboitiz Power Accounts Payable & Accrued Expense Historical Data

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

Aboitiz Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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364.14

305.78

395.31

569.52

564.92

Aboitiz 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															540.32	498.85	494.56	564.92	604.64

Aboitiz 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.

Aboitiz Power (Aboitiz Power) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Aboitiz Power Corp (OTCPK:ABZPF) » Definitions » Accounts Payable & Accrued Expense

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AP:Philippines

Address

NAC Tower, 32nd Street, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634

Website

https://www.aboitizpower.com

Aboitiz Power Corp is an electric utility company operating in the Philippines of which Aboitiz Equity Ventures is the majority shareholder. Through its subsidiaries, Aboitiz Power generates and distributes electricity. The company controls a portfolio of geothermal, hydroelectric, solar, wind, oil-fired, and coal-fired power plants. most of Aboitiz Power's energy production comes from its non-renewable facilities. The company's sites, meanwhile, are mainly hydroelectric. The vast majority of Aboitiz Power's income is derived from its power generation business, while a sizable portion also comes from its distribution segment. Almost all sales are made through bilateral contracts with private utilities, the country's state-owned power provider, and industrial and commercial customers.