Swedbank AB (Swedbank AB) Accounts Payable & Accrued Expense : $0 Mil (As of Mar. 2024)

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What is Swedbank AB Accounts Payable & Accrued Expense?

Swedbank AB's quarterly accounts payable & accrued expense increased from Sep. 2023 ($318 Mil) to Dec. 2023 ($377 Mil) but then declined from Dec. 2023 ($377 Mil) to Mar. 2024 ($0 Mil).

Swedbank AB's annual accounts payable & accrued expense increased from Dec. 2021 ($74 Mil) to Dec. 2022 ($175 Mil) and increased from Dec. 2022 ($175 Mil) to Dec. 2023 ($377 Mil).

Swedbank AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Swedbank AB'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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Swedbank AB Accounts Payable & Accrued Expense Chart

Swedbank AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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88.63

50.70

73.93

174.50

377.48

Swedbank AB 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															328.93	281.45	317.91	377.48	-

Swedbank AB 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.

Swedbank AB (Swedbank AB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SWDBF:USA SWED A:Sweden 0H6T:UK SWEDAs:UK FRYA:Germany

Address

Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63

Website

https://www.swedbank.com

Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.