GTMEY (Globe Telecom) Accounts Payable & Accrued Expense : $517 Mil (As of Sep. 2024)

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What is Globe Telecom Accounts Payable & Accrued Expense?

Globe Telecom's quarterly accounts payable & accrued expense increased from Mar. 2024 ($556 Mil) to Jun. 2024 ($565 Mil) but then declined from Jun. 2024 ($565 Mil) to Sep. 2024 ($517 Mil).

Globe Telecom's annual accounts payable & accrued expense increased from Dec. 2021 ($381 Mil) to Dec. 2022 ($571 Mil) but then declined from Dec. 2022 ($571 Mil) to Dec. 2023 ($435 Mil).

Globe Telecom Accounts Payable & Accrued Expense Historical Data

The historical data trend for Globe Telecom'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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Globe Telecom Accounts Payable & Accrued Expense Chart

Globe Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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353.06

410.51

381.37

570.98

435.40

Globe Telecom 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															549.44	435.40	556.15	564.50	517.48

Globe Telecom 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.

Globe Telecom Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globe Telecom Inc (OTCPK:GTMEY) » Definitions » Accounts Payable & Accrued Expense

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GLO:Philippines

Address

32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634

Website

https://www.globe.com.ph

Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line, and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.