Security Bank (Security Bank) Accounts Payable & Accrued Expense : $188.4 Mil (As of Dec. 2023)

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What is Security Bank Accounts Payable & Accrued Expense?

Security Bank's quarterly accounts payable & accrued expense declined from Jun. 2023 ($14.7 Mil) to Sep. 2023 ($8.0 Mil) but then increased from Sep. 2023 ($8.0 Mil) to Dec. 2023 ($188.4 Mil).

Security Bank's annual accounts payable & accrued expense increased from Dec. 2021 ($114.3 Mil) to Dec. 2022 ($159.6 Mil) and increased from Dec. 2022 ($159.6 Mil) to Dec. 2023 ($188.4 Mil).

Security Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Security Bank'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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Security Bank Accounts Payable & Accrued Expense Chart

Security Bank Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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152.54

122.99

114.31

159.59

188.44

Security Bank 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															159.59	6.20	14.75	8.02	188.44

Security Bank 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.

Security Bank (Security Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Security Bank Corp (OTCPK:SYBJF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SECB:Philippines

Address

6776 Ayala Avenue, Security Bank Centre, Makati, PHL, 0719

Website

https://www.securitybank.com

Security Bank Corp is a company that is principally engaged in banking. It operates in four segments; Financial Markets Segment focuses on providing the money market, foreign exchange, financial derivatives, securities distribution, asset management, trust, and fiduciary services, Wholesale Banking Segment addresses the corporate, institutional, and public sector markets and commercial clients. Services include relationship management, lending and other credit facilities, trade, cash management, deposit-taking, and leasing services, Retail Banking Segment addresses individual, retail, and small businesses. It covers deposit-taking and servicing, consumer loans, credit card facilities, and bancassurance, and All Other Segments include other support services.

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