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State Street (NYSE:STTpG.PFD) Accounts Payable & Accrued Expense

: $22,525.00 Mil (As of Dec. 2022)
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State Street's quarterly accounts payable & accrued expense increased from Jun. 2022 ($17,989.00 Mil) to Sep. 2022 ($21,326.00 Mil) and increased from Sep. 2022 ($21,326.00 Mil) to Dec. 2022 ($22,525.00 Mil).

State Street's annual accounts payable & accrued expense declined from Dec. 2020 ($27,503.00 Mil) to Dec. 2021 ($17,048.00 Mil) but then increased from Dec. 2021 ($17,048.00 Mil) to Dec. 2022 ($22,525.00 Mil).


State Street Accounts Payable & Accrued Expense Historical Data

The historical data trend for State Street'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.

* Premium members only.

State Street Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24,232.00 24,857.00 27,503.00 17,048.00 22,525.00

State Street Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Accounts Payable & Accrued Expense 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 Premium Member Only Premium Member Only Premium Member Only 17,048.00 26,866.00 17,989.00 21,326.00 22,525.00

State Street 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.


State Street (NYSE:STTpG.PFD) Business Description

State Street logo
Address
One Lincoln Street, Boston, MA, USA, 02111
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $36.7 trillion in assets under custody and administration and $3.5 trillion assets under management as of Dec. 31, 2022, State Street operates globally in more than 100 geographic markets and employs more than 42,000 worldwide.