United Bank for Africa (NSA:UBA) Accounts Payable & Accrued Expense : ₦153,435 Mil (As of Dec. 2023)

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What is United Bank for Africa Accounts Payable & Accrued Expense?

United Bank for Africa's quarterly accounts payable & accrued expense declined from Jun. 2023 (₦219,795 Mil) to Sep. 2023 (₦203,206 Mil) and declined from Sep. 2023 (₦203,206 Mil) to Dec. 2023 (₦153,435 Mil).

United Bank for Africa's annual accounts payable & accrued expense increased from Dec. 2021 (₦151,340 Mil) to Dec. 2022 (₦287,802 Mil) but then declined from Dec. 2022 (₦287,802 Mil) to Dec. 2023 (₦153,435 Mil).

United Bank for Africa Accounts Payable & Accrued Expense Historical Data

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

United Bank for Africa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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78,355.00

103,402.00

151,340.00

287,802.00

153,435.00

United Bank for Africa 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															287,802.00	171,332.00	219,795.00	203,206.00	153,435.00

United Bank for Africa 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.

United Bank for Africa (NSA:UBA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bank for Africa PLC (NSA:UBA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

57 Marina, UBA House, Lagos, NGA

Website

https://www.ubagroup.com

United Bank for Africa PLC is a financial services institution. It offers banking and other financial and pension fund custody services. The geographical segments of the company are Nigeria, the Rest of Africa and the Rest of the world. The business segments of the company are 1) Corporate Banking, which provides financial solutions to multinationals, regional companies, state-owned companies, non-governmental organizations, international and multinational organizations and financial institutions. 2) Retail/ Commercial banking segment products and services to the middle and retail segments of the market. 3) Treasury and Financial Markets segment provide financing and risk management solutions and advisory services to the company's corporate and institutional customers.