SpareBank 1 SMN (FRA:SJI) Accounts Payable & Accrued Expense : €88.7 Mil (As of Mar. 2024)

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What is SpareBank 1 SMN Accounts Payable & Accrued Expense?

SpareBank 1 SMN's quarterly accounts payable & accrued expense increased from Sep. 2023 (€79.6 Mil) to Dec. 2023 (€95.0 Mil) but then declined from Dec. 2023 (€95.0 Mil) to Mar. 2024 (€88.7 Mil).

SpareBank 1 SMN's annual accounts payable & accrued expense increased from Dec. 2021 (€73.4 Mil) to Dec. 2022 (€79.7 Mil) and increased from Dec. 2022 (€79.7 Mil) to Dec. 2023 (€95.0 Mil).

SpareBank 1 SMN Accounts Payable & Accrued Expense Historical Data

The historical data trend for SpareBank 1 SMN'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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SpareBank 1 SMN Accounts Payable & Accrued Expense Chart

SpareBank 1 SMN Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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61.14

51.73

73.41

79.69

95.01

SpareBank 1 SMN 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															68.64	52.24	79.59	95.01	88.69

SpareBank 1 SMN 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.

SpareBank 1 SMN (FRA:SJI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 SMN (FRA:SJI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MING:Norway MINGo:UK 0IVM:UK

Address

Sondre gate 4, Trondheim, NOR, 7011

Website

https://www.sparebank1.no

SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.