Union Bank of Colombo (COL:UBC.N0000) Accounts Payable & Accrued Expense : රු115 Mil (As of Mar. 2025)

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What is Union Bank of Colombo Accounts Payable & Accrued Expense?

Union Bank of Colombo's quarterly accounts payable & accrued expense increased from Sep. 2024 (රු345 Mil) to Dec. 2024 (රු1,140 Mil) but then declined from Dec. 2024 (රු1,140 Mil) to Mar. 2025 (රු115 Mil).

Union Bank of Colombo's annual accounts payable & accrued expense increased from Dec. 2022 (රු1,444 Mil) to Dec. 2023 (රු1,643 Mil) but then declined from Dec. 2023 (රු1,643 Mil) to Dec. 2024 (රු1,140 Mil).

Union Bank of Colombo Accounts Payable & Accrued Expense Historical Data

The historical data trend for Union Bank of Colombo'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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Union Bank of Colombo Accounts Payable & Accrued Expense Chart

Union Bank of Colombo Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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1,538.26

1,292.41

1,444.05

1,643.37

1,140.38

Union Bank of Colombo Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															361.67	343.18	344.65	1,140.38	114.79

Union Bank of Colombo 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.

Union Bank of Colombo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank of Colombo PLC (COL:UBC.N0000) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 64, Galle Road, Colombo, LKA, 03

Website

https://www.unionb.com

Union Bank of Colombo PLC is a provider of banking services. The company's services include commercial banking and the provision of related financial services including, accepting deposits, personal banking, retail banking, trade financing, off-shore banking, resident and non-resident foreign currency operations, corporate and retail credit, pawning, project financing, lease financing, rural credit, internet banking, money remittance facilities, dealing in Government Securities and treasury related products and margin trading, among others. It operates under four business segments, namely Corporate Banking, SME, Retail, and Treasury. It generates maximum revenue from Retail Segment. The Bank also operates in Asia, Europe, America, Australia, Middle East, majority of revenue from America.

Union Bank of Colombo Headlines

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