Morris State Bancshares (Morris State Bancshares) Accounts Payable & Accrued Expense : $1.42 Mil (As of Mar. 2024)

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What is Morris State Bancshares Accounts Payable & Accrued Expense?

Morris State Bancshares's quarterly accounts payable & accrued expense increased from Sep. 2023 ($0.98 Mil) to Dec. 2023 ($1.02 Mil) and increased from Dec. 2023 ($1.02 Mil) to Mar. 2024 ($1.42 Mil).

Morris State Bancshares's annual accounts payable & accrued expense increased from Dec. 2021 ($0.13 Mil) to Dec. 2022 ($0.15 Mil) and increased from Dec. 2022 ($0.15 Mil) to Dec. 2023 ($1.02 Mil).

Morris State Bancshares Accounts Payable & Accrued Expense Historical Data

The historical data trend for Morris State Bancshares'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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Morris State Bancshares Accounts Payable & Accrued Expense Chart

Morris State Bancshares Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.54

0.27

0.13

0.15

1.02

Morris State Bancshares 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															0.49	0.58	0.98	1.02	1.42

Morris State Bancshares 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.

Morris State Bancshares (Morris State Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Morris State Bancshares Inc (OTCPK:MBLU) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 Bellevue Avenue, Dublin, GA, USA, 31021

Website

https://www.morris.bank

Morris State Bancshares Inc operates as a bank. It provides a variety of financial services to individuals and small businesses through its offices in middle Georgia. The Bank offers a full range of commercial and personal loan products. It makes loans to individuals for purposes such as home mortgage financing, personal vehicles and various consumer purchases, and other personal and family needs. Commercial loans are offered to businesses for purposes such as providing equipment and machinery purchases, commercial real estate purchases, and working capital. The Bank also provides a full range of deposit services that are typically available from financial institutions, including NOW accounts, demand, savings, and other time deposits.

Morris State Bancshares (Morris State Bancshares) Headlines

From GuruFocus

Morris State Bancshares Announces Quarterly Earnings and�Declares Third Quarter Dividend

By Marketwired • 07-25-2023