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Stanbic IBTC Holdings (NSA:STANBIC) Accounts Payable & Accrued Expense : ₦342,229 Mil (As of Mar. 2024)


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What is Stanbic IBTC Holdings Accounts Payable & Accrued Expense?

Stanbic IBTC Holdings's quarterly accounts payable & accrued expense declined from Sep. 2023 (₦507,579 Mil) to Dec. 2023 (₦261,255 Mil) but then increased from Dec. 2023 (₦261,255 Mil) to Mar. 2024 (₦342,229 Mil).

Stanbic IBTC Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (₦281,513 Mil) to Dec. 2022 (₦235,868 Mil) but then increased from Dec. 2022 (₦235,868 Mil) to Dec. 2023 (₦261,255 Mil).

Stanbic IBTC Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Stanbic IBTC Holdings'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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Stanbic IBTC Holdings Accounts Payable & Accrued Expense Chart

Stanbic IBTC Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120,303.00 269,285.00 281,513.00 235,868.00 261,255.00

Stanbic IBTC Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 232,860.00 289,102.00 507,579.00 261,255.00 342,229.00

Stanbic IBTC Holdings 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.

Stanbic IBTC Holdings (NSA:STANBIC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Stanbic IBTC Holdings PLC (NSA:STANBIC) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Walter Carrington Crescent, IBTC Place, P.O. Box 71707, Victoria Island, Lagos, NGA
Website
https://www.stanbicibtcbank.com
Stanbic IBTC Holdings PLC provides banking services. The company's operating segment includes Business and Commercial Clients; Wholesale Clients and Consumer and High Net Worth Clients. It generates maximum revenue from the Consumer and High Net Worth Clients segment. The Consumer and High Net Worth (CHNW) client segment is responsible for the end-to-end lifecycle of clients.

Stanbic IBTC Holdings (NSA:STANBIC) Headlines

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