BMBN (Benchmark Bankshares) Accounts Payable & Accrued Expense : $0.94 Mil (As of Sep. 2024)

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What is Benchmark Bankshares Accounts Payable & Accrued Expense?

Benchmark Bankshares's quarterly accounts payable & accrued expense increased from Mar. 2024 ($0.85 Mil) to Jun. 2024 ($2.80 Mil) but then declined from Jun. 2024 ($2.80 Mil) to Sep. 2024 ($0.94 Mil).

Benchmark Bankshares's annual accounts payable & accrued expense increased from Dec. 2020 ($1.78 Mil) to Dec. 2021 ($1.81 Mil) and increased from Dec. 2021 ($1.81 Mil) to Dec. 2022 ($1.90 Mil).

Benchmark Bankshares Accounts Payable & Accrued Expense Historical Data

The historical data trend for Benchmark Bankshares'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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Benchmark Bankshares Accounts Payable & Accrued Expense Chart

Benchmark Bankshares Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1.59

1.74

1.78

1.81

1.90

Benchmark Bankshares Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.08	0.33	0.85	2.80	0.94

Benchmark Bankshares 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.

Benchmark Bankshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Benchmark Bankshares Inc (OTCPK:BMBN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 South Broad Street, P.O. Box 569, Kenbridge, VA, USA, 23944

Website

https://www.bcbonline.com

Benchmark Bankshares Inc is a bank holding company for Benchmark Community Bank, which offers a wide range of banking and related financial services to individuals and small to medium-sized businesses through offices located in Virginia and North Carolina. The bank provides personal accounts services, business accounts services, loan products, internet banking services, mobile banking services, debit cards, money management services, mortgage services, credit card facilities, and other services.