Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Accounts Payable & Accrued Expense : $254.0 Mil (As of Dec. 2021)

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What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Accounts Payable & Accrued Expense?

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's quarterly accounts payable & accrued expense declined from Jun. 2020 ($609.2 Mil) to Dec. 2020 ($117.3 Mil) but then increased from Dec. 2020 ($117.3 Mil) to Dec. 2021 ($254.0 Mil).

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annual accounts payable & accrued expense increased from Dec. 2020 ($117.3 Mil) to Dec. 2021 ($254.0 Mil) but then declined from Dec. 2021 ($254.0 Mil) to Dec. 2022 ($204.6 Mil).

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Accounts Payable & Accrued Expense Historical Data

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Accounts Payable & Accrued Expense Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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174.64

118.19

117.28

254.02

204.56

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Dec21	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															441.80	609.22	117.28	254.02	204.56

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero (OTCPK:BNZIF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000

Website

https://www.invextarjetas.com.mx

Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.

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