Erste Group Bank AG. (LTS:0MJK) Accounts Payable & Accrued Expense : €284 Mil (As of Mar. 2024)

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What is Erste Group Bank AG. Accounts Payable & Accrued Expense?

Erste Group Bank AG.'s quarterly accounts payable & accrued expense increased from Sep. 2023 (€174 Mil) to Dec. 2023 (€265 Mil) and increased from Dec. 2023 (€265 Mil) to Mar. 2024 (€284 Mil).

Erste Group Bank AG.'s annual accounts payable & accrued expense declined from Dec. 2021 (€144 Mil) to Dec. 2022 (€127 Mil) but then increased from Dec. 2022 (€127 Mil) to Dec. 2023 (€265 Mil).

Erste Group Bank AG. Accounts Payable & Accrued Expense Historical Data

The historical data trend for Erste Group Bank AG.'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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Erste Group Bank AG. Accounts Payable & Accrued Expense Chart

Erste Group Bank AG. Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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60.60

58.50

143.60

127.00

265.00

Erste Group Bank AG. 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															162.72	170.88	174.29	265.00	284.34

Erste Group Bank AG. 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.

Erste Group Bank AG. (LTS:0MJK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Erste Group Bank AG. (LTS:0MJK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

EBKOF:USA EBKDY:USA EBS:Romania EBSv:UK EBO:Germany ERBAG:Czech Republic EBS:Austria

Address

Am Belvedere 1, Vienna, AUT, A-1100

Website

https://www.erstegroup.com

Erste Group Bank AG. is a financial services provider. Its banking operations is the retail and corporate customer business in the eastern part of the European Union, including Austria. The geographical areas consist of two core markets, Austria and Central and Eastern Europe and a residual segment Other comprises the remaining business activities of the bank outside its core markets as well as the reconciliation to the consolidated accounting result. The company's operating segment include Retail; Corporates; Group Markets; Asset/Liability Management and Local Corporate Center; Savings Banks and Group Corporate Center.

Erste Group Bank AG. (LTS:0MJK) Headlines

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