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Arab Bank (AMM:ARBK) Accounts Payable & Accrued Expense : JOD489 Mil (As of Mar. 2024)


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What is Arab Bank Accounts Payable & Accrued Expense?

Arab Bank's quarterly accounts payable & accrued expense declined from Sep. 2023 (JOD326 Mil) to Dec. 2023 (JOD309 Mil) but then increased from Dec. 2023 (JOD309 Mil) to Mar. 2024 (JOD489 Mil).

Arab Bank's annual accounts payable & accrued expense increased from Dec. 2021 (JOD146 Mil) to Dec. 2022 (JOD225 Mil) and increased from Dec. 2022 (JOD225 Mil) to Dec. 2023 (JOD309 Mil).


Arab Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arab Bank'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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Arab Bank Accounts Payable & Accrued Expense Chart

Arab Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.44 112.84 146.11 224.82 309.10

Arab Bank 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 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 412.02 300.24 326.46 309.10 488.61

Arab Bank 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.


Arab Bank (AMM:ARBK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arab Bank (AMM:ARBK) » Definitions » Accounts Payable & Accrued Expense
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Address
Shaker Ebn Zeid Street, Shmeisani, P.O. Box 950545, Amman, JOR, 11195
Arab Bank provides banking, financial, and insurance services for individuals, corporations, and other financial institutions. Its geographical segments include Jordan, Other Arab Countries, Asia, Europe, America, and the Rest of the World. It covers the key financial markets and centres such as London, Dubai, Singapore, Shanghai, Geneva, Paris, etc. The company services include Consumer Banking, Treasury Services and Corporate & Institutional Banking which generates key revenue for the firm.