Skyline Bankshares (Skyline Bankshares) Accounts Payable & Accrued Expense : $0.53 Mil (As of Dec. 2023)

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What is Skyline Bankshares Accounts Payable & Accrued Expense?

Skyline Bankshares's quarterly accounts payable & accrued expense increased from Jun. 2023 ($0.27 Mil) to Sep. 2023 ($0.42 Mil) and increased from Sep. 2023 ($0.42 Mil) to Dec. 2023 ($0.53 Mil).

Skyline Bankshares's annual accounts payable & accrued expense increased from Dec. 2021 ($0.07 Mil) to Dec. 2022 ($0.10 Mil) and increased from Dec. 2022 ($0.10 Mil) to Dec. 2023 ($0.53 Mil).

Skyline Bankshares Accounts Payable & Accrued Expense Historical Data

The historical data trend for Skyline Bankshares'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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Skyline Bankshares Accounts Payable & Accrued Expense Chart

Skyline Bankshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.13

0.12

0.07

0.10

0.53

Skyline Bankshares 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															0.10	0.26	0.27	0.42	0.53

Skyline Bankshares 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.

Skyline Bankshares (Skyline Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Skyline Bankshares Inc (OTCPK:SLBK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

101 Jacksonville Circle, Floyd, VA, USA, 24091

Website

https://www.skylinenationalbank.bank

Skyline Bankshares Inc is a bank holding company. The company's product and service portfolio includes regular savings, demand, NOW, money market deposits, individual retirement accounts, and small denomination certificates of deposit. It also offers a variety of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer, and other loans.