Millennium Global Holdings (PHS:MG) Accounts Payable & Accrued Expense: ₱43.5 Mil (As of Jun. 2026)

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What is Millennium Global Holdings Accounts Payable & Accrued Expense?

Millennium Global Holdings PHS:MG Accounts Payable & Accrued Expense is ₱43.5 Mil as of Jun. 2026. The stock has 11 warning signs investors should review.

Millennium Global Holdings's quarterly accounts payable & accrued expense increased from Dec. 2025 (₱51.3 Mil) to Mar. 2026 (₱68.6 Mil) but then declined from Mar. 2026 (₱68.6 Mil) to Jun. 2026 (₱43.5 Mil).

Millennium Global Holdings's annual accounts payable & accrued expense declined from Dec. 2023 (₱100.5 Mil) to Dec. 2024 (₱93.0 Mil) and declined from Dec. 2024 (₱93.0 Mil) to Dec. 2025 (₱51.3 Mil).


Millennium Global Holdings Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Millennium Global 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.

Millennium Global Holdings Accounts Payable & Accrued Expense Chart

Millennium Global Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.14 93.77 100.49 93.00 51.31

Millennium Global Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 36.88 88.73 51.31 68.58 43.47

Millennium Global 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.

What does a Accounts Payable & Accrued Expense of ₱43.5 Mil mean?
Millennium Global Holdings (PHS:MG) has a Accounts Payable & Accrued Expense of ₱43.5 Mil as of Jun. 2026. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Millennium Global Holdings and its competitors.
Is Millennium Global Holdings' Accounts Payable & Accrued Expense too high?
Millennium Global Holdings' current Accounts Payable & Accrued Expense is ₱43.5 Mil.
How does Millennium Global Holdings' Accounts Payable & Accrued Expense compare to KHC and GIS?
Millennium Global Holdings' Accounts Payable & Accrued Expense of ₱43.5 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Consumer Packaged Goods company?
A good Accounts Payable & Accrued Expense depends on the Consumer Packaged Goods industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Millennium Global Holdings and its competitors. Millennium Global Holdings's current Accounts Payable & Accrued Expense is ₱43.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Millennium Global Holdings (PHS:MG) is currently considered Fairly Valued. The stock's GF Value™ is ₱0.07, compared to a current price of ₱0.07 — trading 4.3% above its estimated fair value. The current Accounts Payable & Accrued Expense is ₱43.5 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Millennium Global Holdings (PHS:MG), the current Accounts Payable & Accrued Expense is ₱43.5 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Millennium Global Holdings Business Description

Address Lot 9 Block 2, John Street, Multinational Village, Paranaque, PHL, 1701
Millennium Global Holdings Inc is a general holding company. Through its subsidiaries, it is engaged in the processing of seafood and aquaculture products for export and trading of imported marine and other related products. Its key business activity is the processing and export of seafood products such as Black Tiger Shrimps, Kisu (asohos) fillet, frozen lobsters, etc. It derives its revenue from the export sales of aquatic and marine products. The company's operations are geographically located in Japan, Korea, Taiwan, and Hongkong.