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Firstrand (Firstrand) Accounts Payable & Accrued Expense : $2,210 Mil (As of Dec. 2023)


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What is Firstrand Accounts Payable & Accrued Expense?

Firstrand's quarterly accounts payable & accrued expense declined from Dec. 2022 ($2,740 Mil) to Jun. 2023 ($1,793 Mil) but then increased from Jun. 2023 ($1,793 Mil) to Dec. 2023 ($2,210 Mil).

Firstrand's annual accounts payable & accrued expense increased from Jun. 2021 ($1,174 Mil) to Jun. 2022 ($1,454 Mil) and increased from Jun. 2022 ($1,454 Mil) to Jun. 2023 ($1,793 Mil).


Firstrand Accounts Payable & Accrued Expense Historical Data

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

Firstrand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,187.66 895.05 1,173.71 1,454.50 1,793.03

Firstrand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,741.55 1,454.50 2,740.16 1,793.03 2,210.08

Firstrand 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.


Firstrand (Firstrand) Business Description

Industry
Traded in Other Exchanges
Address
Corner Fredman Drive and Rivonia Road, 4 Merchant Place, C Low, Sandton, Johannesburg, GT, ZAF, 2196
Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The bank's retail and commercial brand is the contributor of normalized earnings, followed by its corporate and investment brand. FirstRand's retail and commercial division emphasizes a diverse range of financial services with a strategic emphasis on cost controls and digital platforms. The bank's corporate and investment brand heavily relies on its origination franchise as part of its value proposition.

Firstrand (Firstrand) Headlines

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