Svenska Handelsbanken AB (Svenska Handelsbanken AB) Accounts Payable & Accrued Expense : $98 Mil (As of Mar. 2024)

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What is Svenska Handelsbanken AB Accounts Payable & Accrued Expense?

Svenska Handelsbanken AB's quarterly accounts payable & accrued expense declined from Sep. 2023 ($169 Mil) to Dec. 2023 ($118 Mil) and declined from Dec. 2023 ($118 Mil) to Mar. 2024 ($98 Mil).

Svenska Handelsbanken AB's annual accounts payable & accrued expense increased from Dec. 2021 ($12 Mil) to Dec. 2022 ($21 Mil) and increased from Dec. 2022 ($21 Mil) to Dec. 2023 ($118 Mil).

Svenska Handelsbanken AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Svenska Handelsbanken AB'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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Svenska Handelsbanken AB Accounts Payable & Accrued Expense Chart

Svenska Handelsbanken AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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136.13

2.99

11.88

20.91

118.06

Svenska Handelsbanken AB 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															85.34	122.02	168.88	118.06	98.45

Svenska Handelsbanken AB 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.

Svenska Handelsbanken AB (Svenska Handelsbanken AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Svenska Handelsbanken AB (OTCPK:SVNLY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

SVNLF:USA SHB B:Sweden SHB A:Sweden SHBA:Mexico SHBAs:UK 0R7R:UK SVHG:Germany

Address

Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70

Website

https://www.handelsbanken.com

Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises. The bank increasingly offers asset-management, mutual fund and private banking services to its clients.

Svenska Handelsbanken AB (Svenska Handelsbanken AB) Headlines

From GuruFocus

Q4 2023 Svenska Handelsbanken AB Earnings Call Transcript

By GuruFocus Research • 02-10-2024