Standard Chartered (LSE:STAN) Accounts Payable & Accrued Expense : £641 Mil (As of Dec. 2023)

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What is Standard Chartered Accounts Payable & Accrued Expense?

Standard Chartered's quarterly accounts payable & accrued expense increased from Jun. 2023 (£573 Mil) to Sep. 2023 (£621 Mil) and increased from Sep. 2023 (£621 Mil) to Dec. 2023 (£641 Mil).

Standard Chartered's annual accounts payable & accrued expense increased from Dec. 2021 (£262 Mil) to Dec. 2022 (£479 Mil) and increased from Dec. 2022 (£479 Mil) to Dec. 2023 (£641 Mil).

Standard Chartered Accounts Payable & Accrued Expense Historical Data

The historical data trend for Standard Chartered'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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Standard Chartered Accounts Payable & Accrued Expense Chart

Standard Chartered Annual Data

Trend

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Accounts Payable & Accrued Expense

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536.39

491.04

261.70

478.64

640.69

Standard Chartered 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															478.64	598.22	572.62	621.35	640.69

Standard Chartered 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.

Standard Chartered (LSE:STAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered PLC (LSE:STAN) » Definitions » Accounts Payable & Accrued Expense

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SCBFY:USA SCBFF:USA 02888:Hong Kong STANl:UK STAC.PFD:UK STAB.PFD:UK STD:Germany

Address

1 Basinghall Avenue, London, GBR, EC2V 5DD

Website

https://www.sc.com

Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with the holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the U.K. and provides banking services across 60 countries, primarily in Asia, Africa, the Middle East, and the United Kingdom. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.

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