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Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Accounts Payable & Accrued Expense : $1,262 Mil (As of Dec. 2023)


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What is Banca Monte dei Paschi di Siena Accounts Payable & Accrued Expense?

Banca Monte dei Paschi di Siena's quarterly accounts payable & accrued expense increased from Jun. 2023 ($1 Mil) to Sep. 2023 ($9 Mil) and increased from Sep. 2023 ($9 Mil) to Dec. 2023 ($1,262 Mil).

Banca Monte dei Paschi di Siena's annual accounts payable & accrued expense increased from Dec. 2021 ($641 Mil) to Dec. 2022 ($1,413 Mil) but then declined from Dec. 2022 ($1,413 Mil) to Dec. 2023 ($1,262 Mil).


Banca Monte dei Paschi di Siena Accounts Payable & Accrued Expense Historical Data

The historical data trend for Banca Monte dei Paschi di Siena'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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Banca Monte dei Paschi di Siena Accounts Payable & Accrued Expense Chart

Banca Monte dei Paschi di Siena 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 871.35 860.24 640.67 1,412.65 1,262.06

Banca Monte dei Paschi di Siena Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,412.65 7.39 1.19 8.86 1,262.06

Banca Monte dei Paschi di Siena 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.


Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Business Description

Traded in Other Exchanges
Address
Piazza Salimbeni, 3, Siena, ITA, 53100
Banca Monte dei Paschi di Siena S.p.A. is a banking group operating primarily in Italy, and mainly providing traditional retail and commercial banking services. The group is also active in other business areas such as leasing, factoring, corporate finance, and investment banking through its various subsidiaries. The bank's strategy emphasizes efficiency as well as strengthening of its balance sheet, including its credit quality, liquidity, and capital base. A majority of the group's net revenue is net interest income, followed by net fees and commission income. Loans to customers overwhelmingly constitute a majority of the bank's earning assets, approximately half of which are mortgages.

Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Headlines

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