Solid Group (PHS:SGI) Accounts Payable & Accrued Expense : ₱605 Mil (As of Jun. 2024)

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What is Solid Group Accounts Payable & Accrued Expense?

Solid Group's quarterly accounts payable & accrued expense declined from Dec. 2023 (₱513 Mil) to Mar. 2024 (₱375 Mil) but then increased from Mar. 2024 (₱375 Mil) to Jun. 2024 (₱605 Mil).

Solid Group's annual accounts payable & accrued expense declined from Dec. 2021 (₱457 Mil) to Dec. 2022 (₱422 Mil) but then increased from Dec. 2022 (₱422 Mil) to Dec. 2023 (₱513 Mil).

Solid Group Accounts Payable & Accrued Expense Historical Data

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

Solid Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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350.91

316.09

456.55

421.94

512.83

Solid Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															360.25	418.78	512.83	374.86	605.36

Solid Group 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.

Solid Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solid Group Inc (PHS:SGI) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

2285 Don Chino Roces Avenue Extension, Green Sun, Makati, PHL, 1231

Website

https://www.solidgroup.com.ph

Solid Group Inc operates as an investment holding company. It operates its business in various segments that include Distribution involved in the sale of mobile phones and devices, and the sale of prefabricated modular houses; Property and related services involved in the leasing, development and sale of industrial and other real estate properties and hotel and restaurant operations; Logistics and Technical solutions engaged in the business of sale of professional audio and video equipment, after-sales services, warehousing and distribution; and, Investment and others include investment holding companies, and those included in the business of financing and credit extension.

Solid Group Headlines

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