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Premier Tank PCL (BKK:PTC) Accounts Payable & Accrued Expense : ฿7.8 Mil (As of Sep. 2024)


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What is Premier Tank PCL Accounts Payable & Accrued Expense?

Premier Tank PCL's quarterly accounts payable & accrued expense declined from Mar. 2024 (฿12.6 Mil) to Jun. 2024 (฿10.1 Mil) and declined from Jun. 2024 (฿10.1 Mil) to Sep. 2024 (฿7.8 Mil).

Premier Tank PCL's annual accounts payable & accrued expense increased from Dec. 2021 (฿11.3 Mil) to Dec. 2022 (฿11.5 Mil) but then declined from Dec. 2022 (฿11.5 Mil) to Dec. 2023 (฿10.3 Mil).


Premier Tank PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Premier Tank 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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Premier Tank PCL Accounts Payable & Accrued Expense Chart

Premier Tank PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 8.56 23.71 11.35 11.46 10.28

Premier Tank PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.83 10.28 12.61 10.13 7.84

Premier Tank 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.


Premier Tank PCL Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Premier Tank Corp PCL (BKK:PTC) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
N/A
Address
New Petchburi Road, No. 2034/69 Italthai Tower, 15th Floor, Bangkapi Sub-District, Huai Khwang District, Bangkok, THA, 10310
Premier Tank Corp PCL is engaged in oil and fuel tank farm services for receiving, storage, distributing and blending petroleum products and other hazardous substances. The business generates revenue in the form of rental income and service income. The firm earns substantial revenue from providing services on receiving, storage, distributing and blending petroleum products.