IFIC Bank (DHA:IFIC) Accounts Payable & Accrued Expense : BDT11,525 Mil (As of Jun. 2023)

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What is IFIC Bank Accounts Payable & Accrued Expense?

IFIC Bank's quarterly accounts payable & accrued expense declined from Dec. 2022 (BDT11,099 Mil) to Mar. 2023 (BDT10,762 Mil) but then increased from Mar. 2023 (BDT10,762 Mil) to Jun. 2023 (BDT11,525 Mil).

IFIC Bank's annual accounts payable & accrued expense increased from Dec. 2021 (BDT10,933 Mil) to Dec. 2022 (BDT11,099 Mil) and increased from Dec. 2022 (BDT11,099 Mil) to Dec. 2023 (BDT13,500 Mil).

IFIC Bank Accounts Payable & Accrued Expense Historical Data

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

IFIC Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8,869.99

9,866.39

10,932.53

11,099.07

13,500.41

IFIC Bank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13,702.31	11,099.07	10,762.21	11,525.35	13,500.41

IFIC 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.

IFIC Bank (DHA:IFIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IFIC Bank PLC (DHA:IFIC) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

IFIC Tower, 61 Purana Paltan, GPO Box : 2229, Dhaka, BGD, 1000

Website

https://www.ificbank.com.bd

IFIC Bank PLC is a commercial banking company in Bangladesh. The company provides corporate banking, retail banking internet banking, and SME banking. The company is also engaged in Treasury and capital market offering Cash Management, Liquidity Planning, Liquidity Protection, Trading of Foreign Exchange and Money Market Instruments, and Risk Management. Its segments are Corporate; SME; Short term Agri credit; Consumer and Others. It derives interest income from the Conventional banking unit and Off-Shore banking unit.

IFIC Bank (DHA:IFIC) Headlines

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