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First Abacus Financial Holdings (PHS:FAF) Accounts Payable & Accrued Expense : ₱327.13 Mil (As of Jun. 2024)


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What is First Abacus Financial Holdings Accounts Payable & Accrued Expense?

First Abacus Financial Holdings's quarterly accounts payable & accrued expense declined from Dec. 2023 (₱459.35 Mil) to Mar. 2024 (₱361.94 Mil) and declined from Mar. 2024 (₱361.94 Mil) to Jun. 2024 (₱327.13 Mil).

First Abacus Financial Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (₱885.70 Mil) to Dec. 2022 (₱707.25 Mil) and declined from Dec. 2022 (₱707.25 Mil) to Dec. 2023 (₱459.35 Mil).


First Abacus Financial Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for First Abacus Financial Holdings'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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First Abacus Financial Holdings Accounts Payable & Accrued Expense Chart

First Abacus Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 578.01 836.18 885.70 707.25 459.35

First Abacus Financial Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 466.96 599.21 459.35 361.94 327.13

First Abacus Financial Holdings 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.


First Abacus Financial Holdings Business Description

Traded in Other Exchanges
N/A
Address
Exchange Road, Ortigas Center, Unit 2904-A East Tower, Philippine Stock Exchange Centre, Pasig, PHL, 1600
First Abacus Financial Holdings Corp is engaged in, through its subsidiaries, stockbroking activities, investment banking, real estate business, and other financial services. The company provides financial advisory services, debt underwriting and loan arrangements service, treasury sales service, and others. Its segments include Securities brokerage; Investment banking; Leasing and others, of which key revenue is generated from the Securities brokerage segment which handles buying and selling of shares of stock, bonds, and other securities.

First Abacus Financial Holdings Headlines