Philippine Bank of Communications (PHS:PBC) Accounts Payable & Accrued Expense : ₱16,543 Mil (As of Mar. 2024)

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What is Philippine Bank of Communications Accounts Payable & Accrued Expense?

Philippine Bank of Communications's quarterly accounts payable & accrued expense declined from Sep. 2023 (₱16,293 Mil) to Dec. 2023 (₱11,060 Mil) but then increased from Dec. 2023 (₱11,060 Mil) to Mar. 2024 (₱16,543 Mil).

Philippine Bank of Communications's annual accounts payable & accrued expense increased from Dec. 2021 (₱521 Mil) to Dec. 2022 (₱8,298 Mil) and increased from Dec. 2022 (₱8,298 Mil) to Dec. 2023 (₱11,060 Mil).

Philippine Bank of Communications Accounts Payable & Accrued Expense Historical Data

The historical data trend for Philippine Bank of Communications'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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Philippine Bank of Communications Accounts Payable & Accrued Expense Chart

Philippine Bank of Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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569.64

549.16

521.38

8,298.10

11,060.49

Philippine Bank of Communications 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															13,782.16	14,822.86	16,292.51	11,060.49	16,543.36

Philippine Bank of Communications 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.

Philippine Bank of Communications (PHS:PBC) Business Description

Industry

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Address

6795 Ayala Avenue corner V.A. Rufino Street, PBCom Tower, P.O. Box 3281, Makati City, PHL, 1226

Website

https://www.pbcom.com.ph

Philippine Bank of Communications is a banking corporation registered in the Philippines. It is engaged in providing retail and commercial banking services such as savings, deposits, current accounts, cash management, checking, time deposit account, and debit cards. It also offers consumer loans such as home loans, auto loans, and personal loans as well as investment services and wealth management, SME (small-medium enterprises) loans, and corporate loans. It organizes its business into five segments namely Branch Banking, Corporate Banking, Treasury, Consumer Finance, and Trust and Wealth management. The company's revenue consists of interest income, dividends, fees, and commissions.

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