Petron (PHS:PRF3A.PFD) Accounts Payable & Accrued Expense : ₱29,760.00 Mil (As of Mar. 2024)

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What is Petron Accounts Payable & Accrued Expense?

Petron's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱26,690.00 Mil) to Dec. 2023 (₱67,296.00 Mil) but then declined from Dec. 2023 (₱67,296.00 Mil) to Mar. 2024 (₱29,760.00 Mil).

Petron's annual accounts payable & accrued expense increased from Dec. 2021 (₱55,448.00 Mil) to Dec. 2022 (₱72,702.00 Mil) but then declined from Dec. 2022 (₱72,702.00 Mil) to Dec. 2023 (₱67,296.00 Mil).

Petron Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petron'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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Petron Accounts Payable & Accrued Expense Chart

Petron Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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67,101.00

35,999.00

55,448.00

72,702.00

67,296.00

Petron 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															25,967.00	26,413.00	26,690.00	67,296.00	29,760.00

Petron 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.

Petron (PHS:PRF3A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petron Corp (PHS:PRF3A.PFD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PRF3B.PFD:Philippines PCOR:Philippines

Address

40 San Miguel Avenue, SMC Head Office Complex, Mandaluyong City, PHL, 1550

Website

https://www.petron.com

Petron Corporation is an oil refining and marketing company based out of the Philippines. The company operates a crude-oil refinery and petrochemicals complex that processes a range of petroleum products, including gasoline, diesel, liquefied petroleum gas, kerosene, jet fuel, and petrochemical feedstocks. Petroleum products are offered to a number of industrial customers in the Philippines, along with international and domestic airline carriers. Petron also delivers its automotive fuels to customers through a network of retail service stations.

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