Bank of Africa (LSE:BOAR) Accounts Payable & Accrued Expense : $145 Mil (As of Dec. 2023)

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What is Bank of Africa Accounts Payable & Accrued Expense?

Bank of Africa's quarterly accounts payable & accrued expense increased from Jun. 2023 ($186 Mil) to Sep. 2023 ($200 Mil) but then declined from Sep. 2023 ($200 Mil) to Dec. 2023 ($145 Mil).

Bank of Africa's annual accounts payable & accrued expense increased from Dec. 2021 ($939 Mil) to Dec. 2022 ($1,132 Mil) but then declined from Dec. 2022 ($1,132 Mil) to Dec. 2023 ($145 Mil).

Bank of Africa Accounts Payable & Accrued Expense Historical Data

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

Bank of Africa Annual Data

Trend

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Accounts Payable & Accrued Expense

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975.44

891.14

939.49

1,132.25

145.07

Bank of Africa Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,132.25	153.58	186.13	200.04	145.07

Bank of Africa 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.

Bank of Africa (LSE:BOAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Africa (LSE:BOAR) » Definitions » Accounts Payable & Accrued Expense

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BOA:Morocco

Address

140 Avenue Hassan II, Casablanca, MAR, 20000

Website

https://www.ir-bankofafrica.ma

Bank of Africa, formerly Banque Marocaine Du Commerce Exterieur SA is a full-service commercial bank with operations in Morocco and neighboring countries in Africa but also in Europe, China, and Canada. It offers a range of financial services to individual, corporate, and professional clients, including banking, insurance, and asset management. Its products include accounts, credit cards, loans, and other savings and investment products. The bank focuses on developing its core business with stronger market penetration of small and medium-sized businesses and younger customers.

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