City & Land Developers (PHS:LAND) Accounts Payable & Accrued Expense : ₱127.7 Mil (As of Dec. 2023)

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What is City & Land Developers Accounts Payable & Accrued Expense?

City & Land Developers's quarterly accounts payable & accrued expense declined from Jun. 2023 (₱292.3 Mil) to Sep. 2023 (₱101.1 Mil) but then increased from Sep. 2023 (₱101.1 Mil) to Dec. 2023 (₱127.7 Mil).

City & Land Developers's annual accounts payable & accrued expense declined from Dec. 2021 (₱262.0 Mil) to Dec. 2022 (₱119.6 Mil) but then increased from Dec. 2022 (₱119.6 Mil) to Dec. 2023 (₱127.7 Mil).

City & Land Developers Accounts Payable & Accrued Expense Historical Data

The historical data trend for City & Land Developers'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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City & Land Developers Accounts Payable & Accrued Expense Chart

City & Land Developers Annual Data

Trend

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Accounts Payable & Accrued Expense

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126.35

130.96

261.98

119.56

127.72

City & Land Developers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															119.56	163.86	292.31	101.15	127.72

City & Land Developers 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.

City & Land Developers (PHS:LAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » City & Land Developers Inc (PHS:LAND) » Definitions » Accounts Payable & Accrued Expense

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Address

154 H.V. Dela Costa Street, 3rd Floor, Cityland Condominium 10 Tower 1, Makati, PHL, 1226

Website

http://www.citylandcondo.com

City & Land Developers Inc is engaged in acquiring and developing suitable land sites for residential, office, commercial, institutional, and industrial uses. It also focuses on establishing an effective institutional medium. The completed projects of the company are North Residences, Grand Emerald Tower, Manila Residences Bocobo, and much more. Its reportable segments are the Sale of Real Estate Properties and the Lease of Real Estate Properties. Generating, a majority of its revenue from the sale of real estate properties.