Westpac Banking (BSP:W1BK34) Accounts Payable & Accrued Expense : R$22,564 Mil (As of Sep. 2023)

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What is Westpac Banking Accounts Payable & Accrued Expense?

Westpac Banking's quarterly accounts payable & accrued expense declined from Sep. 2022 (R$10,501 Mil) to Mar. 2023 (R$1,262 Mil) but then increased from Mar. 2023 (R$1,262 Mil) to Sep. 2023 (R$22,564 Mil).

Westpac Banking's annual accounts payable & accrued expense increased from Sep. 2021 (R$9,288 Mil) to Sep. 2022 (R$10,501 Mil) and increased from Sep. 2022 (R$10,501 Mil) to Sep. 2023 (R$22,564 Mil).

Westpac Banking Accounts Payable & Accrued Expense Historical Data

The historical data trend for Westpac Banking'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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Westpac Banking Accounts Payable & Accrued Expense Chart

Westpac Banking Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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11,075.19

10,483.96

9,288.42

10,501.19

22,563.77

Westpac Banking Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															9,288.42	77.07	10,501.19	1,262.16	22,563.77

Westpac Banking 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.

Westpac Banking (BSP:W1BK34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Westpac Banking Corp (BSP:W1BK34) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

WEBNF:USA WBC:New Zealand WBC:Germany WBCPL.PFD:Australia WBCPK.PFD:Australia WBCPJ.PFD:Australia WBCPI.PFD:Australia WBCPH.PFD:Australia WBCPG.PFD:Australia WBCPF.PFD:Australia WBC:Australia

Address

275 Kent Street, Sydney, NSW, AUS, 2000

Website

https://www.westpac.com.au

Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.

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