St Galler Kantonalbank AG (XSWX:SGKN) Accounts Payable & Accrued Expense : CHF31.5 Mil (As of Dec. 2023)

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What is St Galler Kantonalbank AG Accounts Payable & Accrued Expense?

St Galler Kantonalbank AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (CHF6.2 Mil) to Jun. 2023 (CHF0.0 Mil) but then increased from Jun. 2023 (CHF0.0 Mil) to Dec. 2023 (CHF31.5 Mil).

St Galler Kantonalbank AG's annual accounts payable & accrued expense declined from Dec. 2021 (CHF10.9 Mil) to Dec. 2022 (CHF6.2 Mil) but then increased from Dec. 2022 (CHF6.2 Mil) to Dec. 2023 (CHF31.5 Mil).

St Galler Kantonalbank AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for St Galler Kantonalbank AG'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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St Galler Kantonalbank AG Accounts Payable & Accrued Expense Chart

St Galler Kantonalbank AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7.08

4.99

10.85

6.24

31.54

St Galler Kantonalbank AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10.85	-	6.24	-	31.54

St Galler Kantonalbank AG 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.

St Galler Kantonalbank AG (XSWX:SGKN) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » St Galler Kantonalbank AG (XSWX:SGKN) » Definitions » Accounts Payable & Accrued Expense

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SGKNz:UK

Address

St. Leonhardstrasse 25, St. Gallen, CHE, 9001

Website

https://www.sgkb.ch

St Galler Kantonalbank AG provides banking services to the local population and small and middle-sized companies in Switzerland and globally. It also offers private banking. The bank adopts a balanced business model based on two revenue sources. Its objectives are the growth of loans, the growth of funds under management, cost and income ratio and return on equity. The firm operates in St Gall through its network of branches. The company has developed and promoted the brand Cantonal bank. Retail and commercial clients, private banking, and corporate center are the segments of the company.

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