KB Financial Group (BSP:K1BF34) Accounts Payable & Accrued Expense : R$125,831 Mil (As of Dec. 2023)

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What is KB Financial Group Accounts Payable & Accrued Expense?

KB Financial Group's quarterly accounts payable & accrued expense declined from Jun. 2023 (R$1,900 Mil) to Sep. 2023 (R$1,186 Mil) but then increased from Sep. 2023 (R$1,186 Mil) to Dec. 2023 (R$125,831 Mil).

KB Financial Group's annual accounts payable & accrued expense increased from Dec. 2021 (R$3,169 Mil) to Dec. 2022 (R$95,349 Mil) and increased from Dec. 2022 (R$95,349 Mil) to Dec. 2023 (R$125,831 Mil).

KB Financial Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for KB Financial Group'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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KB Financial Group Accounts Payable & Accrued Expense Chart

KB Financial Group Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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67,742.66

125,849.27

3,169.27

95,348.80

125,831.28

KB Financial Group 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															95,348.80	527.16	1,900.22	1,185.83	125,831.28

KB Financial Group 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.

KB Financial Group (BSP:K1BF34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KB Financial Group Inc (BSP:K1BF34) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

KB:USA 105560:Korea KBIA:Germany KB:Argentina

Address

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331

Website

https://www.kbfg.com

KB Financial is the parent company of KB Kookmin Bank, Korea's largest commercial bank, with a 12.8% share of loans as of 2022. Its predecessor banks were established in the 1960s as government policy banks and privatized in the 1990s. Its credit card subsidiary KB Kookmin Card is the number-three player behind Shinhan Card and Samsung Card. KB has in recent years expanded its nonbank business by buying LIG Insurance and Hyundai Securities, making KB a top-five player in nonlife insurance and in securities, and most recently by buying Prudential Life Insurance Korea. It also has KB Capital, which provides leasing and installment finance.

KB Financial Group (BSP:K1BF34) Headlines

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