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Nations Trust Bank (COL:NTB.N0000) Accounts Payable & Accrued Expense : රු6,234 Mil (As of Sep. 2024)


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What is Nations Trust Bank Accounts Payable & Accrued Expense?

Nations Trust Bank's quarterly accounts payable & accrued expense increased from Mar. 2024 (රු5,896 Mil) to Jun. 2024 (රු6,384 Mil) but then declined from Jun. 2024 (රු6,384 Mil) to Sep. 2024 (රු6,234 Mil).

Nations Trust Bank's annual accounts payable & accrued expense increased from Dec. 2021 (රු5,543 Mil) to Dec. 2022 (රු9,682 Mil) and increased from Dec. 2022 (රු9,682 Mil) to Dec. 2023 (රු11,300 Mil).


Nations Trust Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nations Trust Bank'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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Nations Trust Bank Accounts Payable & Accrued Expense Chart

Nations Trust Bank 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 3,368.04 3,112.49 5,542.93 9,682.37 11,300.39

Nations Trust Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5,323.83 11,300.39 5,896.08 6,384.46 6,233.65

Nations Trust Bank 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.


Nations Trust Bank Business Description

Traded in Other Exchanges
N/A
Address
No. 242, Union Place, Colombo, LKA, 02
Nations Trust Bank PLC is engaged in various business segments Corporate Banking, which provides loans and other credit facilities, and mobilizing deposit and current accounts; Consumer and Commercial Banking, which involves deposit mobilization and providing personal financing including personal, home loans, and credit card facilities; Treasury and Investment include foreign exchange trading, fixed income security trading, assets and liabilities management, margin trading, money market operations and fund and fee-based activities; Insurance Broking includes insurance broking; Property Management includes renting out premises.

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