ANDC (Andover Bancorp) Accounts Payable & Accrued Expense : $0.89 Mil (As of Dec. 2024)

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What is Andover Bancorp Accounts Payable & Accrued Expense?

Andover Bancorp's quarterly accounts payable & accrued expense increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($0.56 Mil) and increased from Dec. 2023 ($0.56 Mil) to Dec. 2024 ($0.89 Mil).

Andover Bancorp's annual accounts payable & accrued expense increased from Dec. 2022 ($0.17 Mil) to Dec. 2023 ($0.56 Mil) and increased from Dec. 2023 ($0.56 Mil) to Dec. 2024 ($0.89 Mil).

Andover Bancorp Accounts Payable & Accrued Expense Historical Data

The historical data trend for Andover Bancorp'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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Andover Bancorp Accounts Payable & Accrued Expense Chart

Andover Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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0.18

0.07

0.17

0.56

0.89

Andover Bancorp Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					-	0.17	-	0.56	0.89

Andover Bancorp 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.

Andover Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Andover Bancorp Inc (OTCPK:ANDC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 East Main Street, PO Box 1300, Andover, OH, USA, 44003

Website

https://www.andover.bank

Andover Bancorp Inc is a United States-based holding company for Andover bank. The bank is a locally owned and independent community bank. The company provides banking services to personal and business customers. The bank provides a full range of banking products, including consumer, mortgage, and commercial loans; checking, savings, and others. The majority of the company's revenue is generated from retail lending activities.