Pan Asia Banking (COL:PABC.N0000) Accounts Payable & Accrued Expense : රු3,221 Mil (As of Mar. 2024)

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What is Pan Asia Banking Accounts Payable & Accrued Expense?

Pan Asia Banking's quarterly accounts payable & accrued expense increased from Sep. 2023 (රු2,639 Mil) to Dec. 2023 (රු5,399 Mil) but then declined from Dec. 2023 (රු5,399 Mil) to Mar. 2024 (රු3,221 Mil).

Pan Asia Banking's annual accounts payable & accrued expense declined from Dec. 2021 (රු4,316 Mil) to Dec. 2022 (රු4,286 Mil) but then increased from Dec. 2022 (රු4,286 Mil) to Dec. 2023 (රු5,399 Mil).

Pan Asia Banking Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pan Asia 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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Pan Asia Banking Accounts Payable & Accrued Expense Chart

Pan Asia Banking Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,237.41

3,537.27

4,316.18

4,286.39

5,399.20

Pan Asia Banking Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,778.64	2,244.80	2,638.87	5,399.20	3,221.36

Pan Asia 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.

Pan Asia Banking (COL:PABC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pan Asia Banking Corp PLC (COL:PABC.N0000) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 450, Galle Road, Colombo, LKA, 03

Website

https://www.pabcbank.com

Pan Asia Banking Corp PLC operates as a bank which is engaged in providing banking products and services. It provides services including corporate banking, retail banking, and treasury functions. The business segments of the company are Corporate Banking which includes loans, overdrafts, other credit facilities, deposits, current accounts and other services offered to corporate customers; Retail and SME Banking, which includes loans, overdrafts, credit card facilities, deposits, current accounts and other services offered to retail customers; and Treasury and investment function includes trading function, financing and other central functions, use of derivative for risk management purpose, investment products, and services to institutional investors and intermediaries.

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