Hingham Institution forvings (Hingham Institution forvings) Accounts Payable & Accrued Expense : $6.36 Mil (As of Jun. 2023)

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What is Hingham Institution forvings Accounts Payable & Accrued Expense?

Hingham Institution forvings's quarterly accounts payable & accrued expense increased from Sep. 2022 ($2.54 Mil) to Dec. 2022 ($4.53 Mil) and increased from Dec. 2022 ($4.53 Mil) to Jun. 2023 ($6.36 Mil).

Hingham Institution forvings's annual accounts payable & accrued expense increased from Dec. 2021 ($0.20 Mil) to Dec. 2022 ($4.53 Mil) and increased from Dec. 2022 ($4.53 Mil) to Dec. 2023 ($12.26 Mil).

Hingham Institution forvings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hingham Institution forvings'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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Hingham Institution forvings Accounts Payable & Accrued Expense Chart

Hingham Institution forvings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.96

0.25

0.20

4.53

12.26

Hingham Institution forvings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.00	2.54	4.53	6.36	12.26

Hingham Institution forvings 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.

Hingham Institution forvings (Hingham Institution forvings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hingham Institution for Savings (NAS:HIFS) » Definitions » Accounts Payable & Accrued Expense

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HS3:Germany

Address

55 Main Street, Hingham, MA, USA, 02043

Website

https://www.hinghamsavings.com

Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.