East West Banking (PHS:EW) Accounts Payable & Accrued Expense : ₱6,077 Mil (As of Mar. 2024)

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What is East West Banking Accounts Payable & Accrued Expense?

East West Banking's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱4,969 Mil) to Dec. 2023 (₱11,670 Mil) but then declined from Dec. 2023 (₱11,670 Mil) to Mar. 2024 (₱6,077 Mil).

East West Banking's annual accounts payable & accrued expense increased from Dec. 2021 (₱4,558 Mil) to Dec. 2022 (₱9,295 Mil) and increased from Dec. 2022 (₱9,295 Mil) to Dec. 2023 (₱11,670 Mil).

East West Banking Accounts Payable & Accrued Expense Historical Data

The historical data trend for East West Banking'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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East West Banking Accounts Payable & Accrued Expense Chart

East West Banking Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5,166.80

5,023.93

4,558.27

9,294.90

11,669.60

East West Banking 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															4,560.32	4,546.93	4,968.80	11,669.60	6,076.96

East West Banking 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.

East West Banking (PHS:EW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » East West Banking Corp (PHS:EW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

5th Avenue Corner, 23rd Street, The Beaufort, Fort Bonifacio Global City, Taguig, PHL, 1634

Website

https://www.eastwestbanker.com

East West Banking Corporation is a commercial bank providing financial services in the Philippines. The bank generates all revenue domestically. The bank operates through four segments: The retail banking segment offers traditional branch banking products and services such as deposits, back-to-back/emerging market loans, and other over-the-counter (OTC) transactions, The corporate banking segment handles lending and trade financing for both large corporations and middle-market clients, The consumer banking segment caters to loans for individuals, and Treasury and Trust segment consists of Treasury and Trust operations of the Group. The company derives the majority of its revenue from the consumer banking segment.