Pohjola Pankki Oyj (LTS:0ICL) Accounts Payable & Accrued Expense : €373 Mil (As of Mar. 2016)

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What is Pohjola Pankki Oyj Accounts Payable & Accrued Expense?

Pohjola Pankki Oyj's quarterly accounts payable & accrued expense increased from Sep. 2015 (€360 Mil) to Dec. 2015 (€370 Mil) and increased from Dec. 2015 (€370 Mil) to Mar. 2016 (€373 Mil).

Pohjola Pankki Oyj's annual accounts payable & accrued expense increased from Dec. 2013 (€378 Mil) to Dec. 2014 (€391 Mil) but then declined from Dec. 2014 (€391 Mil) to Dec. 2015 (€370 Mil).

Pohjola Pankki Oyj Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pohjola Pankki Oyj'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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Pohjola Pankki Oyj Accounts Payable & Accrued Expense Chart

Pohjola Pankki Oyj Annual Data

Trend

Dec06

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Dec15

Accounts Payable & Accrued Expense

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411.00

487.00

378.00

391.00

370.00

Pohjola Pankki Oyj Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															405.00	364.00	360.00	370.00	373.00

Pohjola Pankki Oyj 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.

Pohjola Pankki Oyj (LTS:0ICL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pohjola Pankki Oyj (LTS:0ICL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Website

https://www.pohjola.fi

Pohjola Pankki Oyj, provides banking, non-life insurance and wealth management services. It serves businesses, institutions and private individuals and provides banking and insurance services to customers while supporting corporate customers' business.. The Company operates through the following three business segments: Banking, Asset Management, and Non-life Insurance. The banking segment provides corporate and institutional customers with solutions for their financing and financial management needs. Banking consists of the following divisions: Corporate Banking, Markets and Baltic Banking. Companies within Banking are the member banks, Helsinki OP Bank PLC, OP-Kotipankki Oyj, OP Mortgage Bank and OP Fund Management Company Ltd and certain smaller companies supporting banking services in its entirety. The Company's Banking and Asset Management segments are also included under OP-Pohjola Group's Banking. The operations of OP Bank Group Mutual Insurance Company's are also included under Banking as the company's business consists of credit insurance to OP-Pohjola Group's retail banks. The Wealth Management Segment comprises the following operations: OP Life Assurance Company Ltd and Aurum Investment Insurance Ltd engaged in the Company's life and pension insurance business, OP Fund Management Company Ltd engaged in mutual fund business, and Pohjola Group's Asset Management segment. The Non-life Insurance segment encompasses the operations of OP-Pohjola Group's non-life insurance companies, i.e. Pohjola Insurance Ltd, Eurooppalainen Insurance Company Ltd, A-Insurance Ltd, the Seesam companies operating in the Baltic countries, as well as the operations of service companies supporting non-life insurance. Non-life insurance products include non-life insurance policies sold to corporate and private customers.

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