Premiere Island Power REIT (PHS:PREIT) Accounts Payable & Accrued Expense : ₱159.4 Mil (As of Mar. 2025)

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What is Premiere Island Power REIT Accounts Payable & Accrued Expense?

Premiere Island Power REIT's quarterly accounts payable & accrued expense declined from Sep. 2024 (₱366.0 Mil) to Dec. 2024 (₱331.3 Mil) and declined from Dec. 2024 (₱331.3 Mil) to Mar. 2025 (₱159.4 Mil).

Premiere Island Power REIT's annual accounts payable & accrued expense increased from Dec. 2022 (₱73.7 Mil) to Dec. 2023 (₱574.3 Mil) but then declined from Dec. 2023 (₱574.3 Mil) to Dec. 2024 (₱331.3 Mil).

Premiere Island Power REIT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Premiere Island Power REIT'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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Premiere Island Power REIT Accounts Payable & Accrued Expense Chart

Premiere Island Power REIT Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

75.58

73.68

574.29

331.28

Premiere Island Power REIT Quarterly Data
	Dec21	May22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								400.44	380.39	366.01	331.28	159.44

Premiere Island Power REIT 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.

Premiere Island Power REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Premiere Island Power REIT Corp (PHS:PREIT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

CV Starr Avenue, 4th Floor Starmall IT Hub, Pamplona Dos, Philamlife, Las Pinas, PHL, 1747

Website

https://www.preit.com.ph

Premiere Island Power REIT Corp operates as a real estate investment trust, holding assets that operate in the power generation industry. The principal mandate is to invest on a long-term basis in critical real estate and infrastructure that will expand its portfolio and will also enable the company to attain its objective of meaningfully contributing to the promotion of clean, renewable, and sustainable energy, as well as continue its progress on expanding social and missionary electrification. The REIT's only income-generating activity is the lease of its land, right-of-use asset, buildings, and generation asset. The REIT derives its rental income from SIPCOR and CAMPCOR.

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