Zenith Bank (NSA:ZENITH) Accounts Payable & Accrued Expense : ₦1,487,997 Mil (As of Mar. 2024)

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What is Zenith Bank Accounts Payable & Accrued Expense?

Zenith Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (₦327,009 Mil) to Dec. 2023 (₦663,528 Mil) and increased from Dec. 2023 (₦663,528 Mil) to Mar. 2024 (₦1,487,997 Mil).

Zenith Bank's annual accounts payable & accrued expense increased from Dec. 2021 (₦368,266 Mil) to Dec. 2022 (₦476,010 Mil) and increased from Dec. 2022 (₦476,010 Mil) to Dec. 2023 (₦663,528 Mil).

Zenith Bank Accounts Payable & Accrued Expense Historical Data

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

Zenith Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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284,766.00

614,865.00

368,266.00

476,010.00

663,528.00

Zenith Bank 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															1,238,754.00	650,445.00	327,009.00	663,528.00	1,487,997.00

Zenith 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.

Zenith Bank (NSA:ZENITH) Business Description

Industry

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

Traded in Other Exchanges

N/A

Address

Plot 84/87, Ajose Adeogun Street, Zenith Heights, Victoria Island, Lagos, NGA

Website

https://www.zenithbank.com

Zenith Bank PLC is a Nigeria- based company. Its core business is the provision of banking and other financial services to corporate and individual customers. The bank provides services such as granting of loans and advances, corporate finance and money market activities. It also provides banking and pension custodial services to a diverse group of corporations, financial institutions, investment funds, governments and individuals; provision of investment advisory, financial planning services and investment product offerings; providing brokerage services, financing services and securities lending services to institutional clients, including mutual funds, pension funds and to high-net-worth individuals. Revenue generated by bank consists of interest income, fees and commission received.

Zenith Bank (NSA:ZENITH) Headlines

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