GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander Chile (NYSE:BSAC) » Definitions » Accounts Payable & Accrued Expense

Bancontander Chile (Bancontander Chile) Accounts Payable & Accrued Expense : $952 Mil (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Bancontander Chile Accounts Payable & Accrued Expense?

Bancontander Chile's quarterly accounts payable & accrued expense declined from Jun. 2023 ($935 Mil) to Sep. 2023 ($350 Mil) but then increased from Sep. 2023 ($350 Mil) to Dec. 2023 ($952 Mil).

Bancontander Chile's annual accounts payable & accrued expense increased from Dec. 2021 ($799 Mil) to Dec. 2022 ($1,216 Mil) but then declined from Dec. 2022 ($1,216 Mil) to Dec. 2023 ($952 Mil).


Bancontander Chile Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bancontander Chile'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.

* Premium members only.

Bancontander Chile Accounts Payable & Accrued Expense Chart

Bancontander Chile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 598.17 744.82 798.58 1,216.01 952.28

Bancontander Chile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,216.01 874.97 935.19 349.79 952.28

Bancontander Chile 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.


Bancontander Chile (Bancontander Chile) Business Description

Industry
Traded in Other Exchanges
Address
Bandera 140, 20th Floor, Santiago, CHL
Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.