Ringkjoebing Landbobank A/S (LTS:0RPR) Accounts Payable & Accrued Expense : kr71 Mil (As of Mar. 2024)

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What is Ringkjoebing Landbobank A/S Accounts Payable & Accrued Expense?

Ringkjoebing Landbobank A/S's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr442 Mil) to Dec. 2023 (kr761 Mil) but then declined from Dec. 2023 (kr761 Mil) to Mar. 2024 (kr71 Mil).

Ringkjoebing Landbobank A/S's annual accounts payable & accrued expense increased from Dec. 2021 (kr643 Mil) to Dec. 2022 (kr644 Mil) and increased from Dec. 2022 (kr644 Mil) to Dec. 2023 (kr761 Mil).

Ringkjoebing Landbobank A/S Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ringkjoebing Landbobank A/S'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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Ringkjoebing Landbobank A/S Accounts Payable & Accrued Expense Chart

Ringkjoebing Landbobank A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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392.45

446.19

642.60

643.78

761.18

Ringkjoebing Landbobank A/S 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															100.26	254.96	441.75	761.18	71.40

Ringkjoebing Landbobank A/S 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.

Ringkjoebing Landbobank A/S (LTS:0RPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ringkjoebing Landbobank A/S (LTS:0RPR) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

RILBA:Denmark CJ2:Germany

Address

Torvet 1, Ringkobing, DNK, 6950

Website

http://www.landbobanken.com

Ringkjoebing Landbobank A/S is a bank that carries out its operating activities primarily in Denmark. A majority of the bank's core income is net interest income. Most of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain strong capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture.

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