SP New Energy (PHS:SPNEC) Accounts Payable & Accrued Expense: ₱847 Mil (As of Sep. 2024)

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PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.21
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What is SP New Energy Accounts Payable & Accrued Expense?

SP New Energy PHS:SPNEC -3.20% 33 Accounts Payable & Accrued Expense is ₱847 Mil as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

SP New Energy's quarterly accounts payable & accrued expense declined from Mar. 2024 (₱1,058 Mil) to Jun. 2024 (₱932 Mil) and declined from Jun. 2024 (₱932 Mil) to Sep. 2024 (₱847 Mil).

SP New Energy's annual accounts payable & accrued expense declined from Dec. 2020 (₱18 Mil) to Jun. 2022 (₱0 Mil) but then increased from Jun. 2022 (₱0 Mil) to Dec. 2023 (₱991 Mil).

SP New Energy Accounts Payable & Accrued Expense Historical Data

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The historical data trend for SP New Energy'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.

SP New Energy Accounts Payable & Accrued Expense Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 44.03 11.19 17.88 0.00 990.73

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 976.63 990.73 1,058.41 931.98 846.59
PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Accounts Payable & Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New Energy 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.

What does a Accounts Payable & Accrued Expense of ₱847 Mil mean?
SP New Energy (PHS:SPNEC) has a Accounts Payable & Accrued Expense of ₱847 Mil as of Sep. 2024. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on SP New Energy and its competitors.
Is SP New Energy's Accounts Payable & Accrued Expense too high?
SP New Energy's current Accounts Payable & Accrued Expense is ₱847 Mil. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Accounts Payable & Accrued Expense compare to CEG?
SP New Energy's Accounts Payable & Accrued Expense of ₱847 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for an Utilities - Independent Power Producers company?
A good Accounts Payable & Accrued Expense depends on the Utilities - Independent Power Producers industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on SP New Energy and its competitors. SP New Energy's current Accounts Payable & Accrued Expense is ₱847 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Accounts Payable & Accrued Expense of ₱847 Mil. The current Accounts Payable & Accrued Expense is ₱847 Mil. SP New Energy's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For SP New Energy (PHS:SPNEC), the current Accounts Payable & Accrued Expense is ₱847 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

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Accounts Payable & Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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