Philex Mining (PHS:PX) Accounts Payable & Accrued Expense : ₱3,158 Mil (As of Mar. 2024)

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What is Philex Mining Accounts Payable & Accrued Expense?

Philex Mining's quarterly accounts payable & accrued expense declined from Sep. 2023 (₱3,691 Mil) to Dec. 2023 (₱1,065 Mil) but then increased from Dec. 2023 (₱1,065 Mil) to Mar. 2024 (₱3,158 Mil).

Philex Mining's annual accounts payable & accrued expense declined from Dec. 2021 (₱1,510 Mil) to Dec. 2022 (₱1,198 Mil) and declined from Dec. 2022 (₱1,198 Mil) to Dec. 2023 (₱1,065 Mil).

Philex Mining Accounts Payable & Accrued Expense Historical Data

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

Philex Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,676.24

1,572.64

1,509.79

1,198.40

1,065.26

Philex Mining 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															3,365.43	3,216.45	3,690.55	1,065.26	3,158.12

Philex Mining 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.

Philex Mining (PHS:PX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Philex Mining Corp (PHS:PX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PXMFF:USA

Address

Reliance Street Corner Sheridan Street, 2nd Floor, Launchpad, Metro Manila, Mandaluyong, PHL, 1550

Website

http://www.philexmining.com.ph

Philex Mining Corporation is a mining and energy company based in the Philippines. The company is organized across two main business groupings: the mining and metals business, and the energy and hydrocarbon business. The metals business mines copper concentrates to produce copper and by-products of gold and silver. The energy and hydrocarbon business has interests (operating and non-operating) in several oil and gas companies. The metals business's gold and copper output are largely produced by the Padcal Mine in Benguet, Philippines. Production from the Padcal Mine contributes the vast majority of the entire company's revenue.