Grupo Palacio de HierroB de CV (MEX:GPH1) Accounts Payable & Accrued Expense : MXN10,180 Mil (As of Mar. 2025)

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What is Grupo Palacio de HierroB de CV Accounts Payable & Accrued Expense?

Grupo Palacio de HierroB de CV's quarterly accounts payable & accrued expense increased from Sep. 2024 (MXN10,380 Mil) to Dec. 2024 (MXN14,589 Mil) but then declined from Dec. 2024 (MXN14,589 Mil) to Mar. 2025 (MXN10,180 Mil).

Grupo Palacio de HierroB de CV's annual accounts payable & accrued expense increased from Dec. 2022 (MXN11,407 Mil) to Dec. 2023 (MXN13,858 Mil) and increased from Dec. 2023 (MXN13,858 Mil) to Dec. 2024 (MXN14,589 Mil).

Grupo Palacio de HierroB de CV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Grupo Palacio de HierroB de CV'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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Grupo Palacio de HierroB de CV Accounts Payable & Accrued Expense Chart

Grupo Palacio de HierroB de CV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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7,352.39

8,345.83

11,406.51

13,857.64

14,588.64

Grupo Palacio de HierroB de CV Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															9,021.18	9,014.20	10,379.60	14,588.64	10,180.15

Grupo Palacio de HierroB de CV 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.

Grupo Palacio de HierroB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo Palacio de Hierro SAB de CV (MEX:GPH1) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Durango 230, 2do. Piso, Col. Roma,Del Cuauhtemoc, Durango, MEX, 06700

Website

http://www.elpalaciodehierro.com.mx

Grupo Palacio de Hierro SAB de CV is a Mexico-based holding company primarily engaged in the retail sector. The company's main revenue generating activities are the operation of a network of department stores, outlets, home furnishing and accessories stores, Boutiques Palacio, boutiques, independent restaurants, bistros, restaurant-stores, travel agencies and beauty clinics as well as restaurants and travel agencies integrated into some of the stores. The company is also involved in the real estate, through the management and operation of shopping centers located in Coyoacan, Polanco, Puebla, and Monterrey. In addition, it offers sales financing services and consumer credits to its clients.

Grupo Palacio de HierroB de CV Headlines

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