Chemical Industries of the Philippines (PHS:CIP) Accounts Payable & Accrued Expense : ₱214.64 Mil (As of Mar. 2024)

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What is Chemical Industries of the Philippines Accounts Payable & Accrued Expense?

Chemical Industries of the Philippines's quarterly accounts payable & accrued expense declined from Sep. 2023 (₱383.29 Mil) to Dec. 2023 (₱235.55 Mil) and declined from Dec. 2023 (₱235.55 Mil) to Mar. 2024 (₱214.64 Mil).

Chemical Industries of the Philippines's annual accounts payable & accrued expense increased from Dec. 2021 (₱106.68 Mil) to Dec. 2022 (₱140.83 Mil) and increased from Dec. 2022 (₱140.83 Mil) to Dec. 2023 (₱235.55 Mil).

Chemical Industries of the Philippines Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chemical Industries of the Philippines'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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Chemical Industries of the Philippines Accounts Payable & Accrued Expense Chart

Chemical Industries of the Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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64.99

79.39

106.68

140.83

235.55

Chemical Industries of the Philippines 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															187.31	107.97	383.29	235.55	214.64

Chemical Industries of the Philippines 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.

Chemical Industries of the Philippines (PHS:CIP) Business Description

Industry

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Traded in Other Exchanges

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Address

Chemphil Building, 851 Antonio Arnaiz Avenue, San Lorenzo, Makati, PHL, 1229

Website

https://www.chemphil.com.ph

Chemical Industries of the Philippines Inc. is engaged in the manufacture, sale, and distribution of industrial chemicals and the leasing of office space to affiliates and external parties. The company operates through its main revenue sources, leasing businesses, and others. The firm mainly operates in the Philippines.

Chemical Industries of the Philippines (PHS:CIP) Headlines

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