Optima bank (ATH:OPTIMA) Accounts Payable & Accrued Expense : €60.7 Mil (As of Jun. 2023)

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What is Optima bank Accounts Payable & Accrued Expense?

Optima bank's quarterly accounts payable & accrued expense increased from Jun. 2022 (€0.0 Mil) to Dec. 2022 (€53.8 Mil) and increased from Dec. 2022 (€53.8 Mil) to Jun. 2023 (€60.7 Mil).

Optima bank's annual accounts payable & accrued expense declined from Dec. 2020 (€46.9 Mil) to Dec. 2021 (€13.7 Mil) but then increased from Dec. 2021 (€13.7 Mil) to Dec. 2022 (€53.8 Mil).

Optima bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Optima 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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Optima bank Accounts Payable & Accrued Expense Chart

Optima bank Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

46.89

13.72

53.85

Optima bank Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	46.89	13.72	-	53.85	60.72

Optima 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.

Optima bank (ATH:OPTIMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Optima bank SA (ATH:OPTIMA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

C59:Germany

Address

32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125

Website

https://www.optimabank.gr

Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services and Business Receivables Agency.

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