MCB Bank (KAR:MCB) Accounts Payable & Accrued Expense : ₨45,951 Mil (As of Mar. 2024)

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What is MCB Bank Accounts Payable & Accrued Expense?

MCB Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (₨43,402 Mil) to Dec. 2023 (₨48,749 Mil) but then declined from Dec. 2023 (₨48,749 Mil) to Mar. 2024 (₨45,951 Mil).

MCB Bank's annual accounts payable & accrued expense increased from Dec. 2021 (₨39,138 Mil) to Dec. 2022 (₨82,594 Mil) but then declined from Dec. 2022 (₨82,594 Mil) to Dec. 2023 (₨48,749 Mil).

MCB Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for MCB 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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MCB Bank Accounts Payable & Accrued Expense Chart

MCB Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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39,351.29

33,148.34

39,138.03

82,594.48

48,749.47

MCB Bank 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															43,372.42	39,870.98	43,401.97	48,749.47	45,951.16

MCB 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.

MCB Bank (KAR:MCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MCB Bank Ltd (KAR:MCB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

15-Main Gulberg, Jail Road, MCB House, Gulburg, Lahore, PB, PAK

Website

https://www.mcb.com.pk

MCB Bank Ltd is a commercial banking company operating in Pakistan. The bank provides services through its segments such as Retail Banking, Corporate Banking, Consumer Banking, Treasury, and International banking. The majority of the bank's revenues are generated from the Retail banking segment, which includes retail lending and deposits, banking services, cards, and branchless banking. Retail banking offers services such as retail and private lending & deposits and other banking services offered to individual customers and small and medium-term companies. MCB Bank derives majority of its business from its domestic operations. It also has branches across South Asia and the Middle East.