Shang Properties (PHS:SHNG) Accounts Payable & Accrued Expense : ₱1,809 Mil (As of Mar. 2024)

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What is Shang Properties Accounts Payable & Accrued Expense?

Shang Properties's quarterly accounts payable & accrued expense increased from Sep. 2023 (₱1,702 Mil) to Dec. 2023 (₱2,760 Mil) but then declined from Dec. 2023 (₱2,760 Mil) to Mar. 2024 (₱1,809 Mil).

Shang Properties's annual accounts payable & accrued expense increased from Dec. 2021 (₱1,575 Mil) to Dec. 2022 (₱1,698 Mil) and increased from Dec. 2022 (₱1,698 Mil) to Dec. 2023 (₱2,760 Mil).

Shang Properties Accounts Payable & Accrued Expense Historical Data

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

Shang Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,731.93

2,157.82

1,575.43

1,697.62

2,760.21

Shang Properties 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															1,502.08	2,225.25	1,701.95	2,760.21	1,809.39

Shang Properties 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.

Shang Properties (PHS:SHNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shang Properties Inc (PHS:SHNG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

EDSA Corner Shaw Boulevard, Level 5, Administration Offices, Shangri-La Plaza Mall, Metro Manila, Mandaluyong, PHL, 1550

Website

https://www.shangproperties.com

Shang Properties Inc engages in property investment and development, real estate management, leasing, and mall and carpark operations in the Philippines. The company has operations in the Philippines. Its business divisions are Property Development, Hotel Operation, and Leasing.

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