Banca Mediolanum (Banca Mediolanum) Accounts Payable & Accrued Expense : $200 Mil (As of Sep. 2023)

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What is Banca Mediolanum Accounts Payable & Accrued Expense?

Banca Mediolanum's quarterly accounts payable & accrued expense declined from Mar. 2023 ($181 Mil) to Jun. 2023 ($140 Mil) but then increased from Jun. 2023 ($140 Mil) to Sep. 2023 ($200 Mil).

Banca Mediolanum's annual accounts payable & accrued expense increased from Dec. 2020 ($500 Mil) to Dec. 2021 ($786 Mil) but then declined from Dec. 2021 ($786 Mil) to Dec. 2022 ($122 Mil).

Banca Mediolanum Accounts Payable & Accrued Expense Historical Data

The historical data trend for Banca Mediolanum'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 Mediolanum Accounts Payable & Accrued Expense Chart

Banca Mediolanum Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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606.00

500.48

786.12

122.17

250.39

Banca Mediolanum 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															122.17	180.65	139.60	200.47	250.39

Banca Mediolanum 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 Mediolanum (Banca Mediolanum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Mediolanum (OTCPK:BNCDY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

BNMDF:USA BMED:Italy 0RDO:UK ME1:Germany

Address

Palazzo Meucci, Via Francesco Sforza, 15, Basiglio, ITA, 20080

Website

http://www.mediolanum.it

Banca Mediolanum is an Italy-based company which provides banking and financial services. It operates with various segments namely Lending which includes Retail and Commercial Banking, Treasury activities which has trading and sales, Asset Management and Retail Brokerage. The company offers current accounts, mortgages and loan products; credit, debit, and rechargeable cards and investment products. Geographically, it operates the market of Italy, Spain, and Germany of which Italy accounts for a larger share of revenue.

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