Kina Securities (ASX:KSL) Accounts Payable & Accrued Expense : A$1,686.6 Mil (As of Dec. 2023)

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What is Kina Securities Accounts Payable & Accrued Expense?

Kina Securities's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$1,501.8 Mil) to Jun. 2023 (A$1,610.8 Mil) and increased from Jun. 2023 (A$1,610.8 Mil) to Dec. 2023 (A$1,686.6 Mil).

Kina Securities's annual accounts payable & accrued expense increased from Dec. 2021 (A$1,177.0 Mil) to Dec. 2022 (A$1,501.8 Mil) and increased from Dec. 2022 (A$1,501.8 Mil) to Dec. 2023 (A$1,686.6 Mil).

Kina Securities Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kina Securities'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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Kina Securities Accounts Payable & Accrued Expense Chart

Kina Securities Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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954.26

995.42

1,177.01

1,501.78

1,686.59

Kina Securities Semi-Annual Data
	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												1,177.01	1,315.20	1,501.78	1,610.82	1,686.59

Kina Securities 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.

Kina Securities (ASX:KSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kina Securities Ltd (ASX:KSL) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Douglas Street, PO Box 1141, 9th Level, Kina Bank Haus, Port Moresby, PNG, NCD 121

Website

https://www.kinabank.com.pg

Kina Securities Ltd provides diversified financial products and services. The company offers banking services, personal and commercial loans, money market operations, provision of share brokerage, fund administration, investment management services asset financing, and corporate advice. The Group's reportable segments include Kina Bank and Kina Wealth Management. The bank segment includes the operations of the Kina Bank while the Wealth Management segment includes fund management and fund administration business. It derives the majority of its revenues from the banking segment.

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