Macay Holdings (PHS:MACAY) Accounts Payable & Accrued Expense : ₱733 Mil (As of Mar. 2024)

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What is Macay Holdings Accounts Payable & Accrued Expense?

Macay Holdings's quarterly accounts payable & accrued expense declined from Sep. 2023 (₱3,311 Mil) to Dec. 2023 (₱492 Mil) but then increased from Dec. 2023 (₱492 Mil) to Mar. 2024 (₱733 Mil).

Macay Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (₱1,390 Mil) to Dec. 2022 (₱2,420 Mil) but then declined from Dec. 2022 (₱2,420 Mil) to Dec. 2023 (₱492 Mil).

Macay Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Macay 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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Macay Holdings Accounts Payable & Accrued Expense Chart

Macay Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,060.74

1,573.50

1,390.07

2,420.49

491.92

Macay Holdings 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															2,827.61	2,914.33	3,311.25	491.92	733.22

Macay 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.

Macay Holdings (PHS:MACAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Macay Holdings Inc (PHS:MACAY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

137 Yakal Street, San Antonio Village, Makati, PHL, 1203

Website

http://www.macayholdings.com.ph

Macay Holdings Inc is engaged in the bottling, distribution, marketing, and sales of RC Cola and other carbonated drinks. It generates maximum revenue from the sale of its soft drink products and from its toll manufacturing activities.

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