Shinhan Financial Group Co (MEX:SHG N) Accounts Payable & Accrued Expense : MXN3,874 Mil (As of Mar. 2025)

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What is Shinhan Financial Group Co Accounts Payable & Accrued Expense?

Shinhan Financial Group Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (MXN4,994 Mil) to Dec. 2024 (MXN355,908 Mil) but then declined from Dec. 2024 (MXN355,908 Mil) to Mar. 2025 (MXN3,874 Mil).

Shinhan Financial Group Co's annual accounts payable & accrued expense increased from Dec. 2022 (MXN285,890 Mil) to Dec. 2023 (MXN345,814 Mil) and increased from Dec. 2023 (MXN345,814 Mil) to Dec. 2024 (MXN355,908 Mil).

Shinhan Financial Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shinhan Financial Group Co'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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Shinhan Financial Group Co Accounts Payable & Accrued Expense Chart

Shinhan Financial Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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355,152.21

12,174.56

285,890.23

345,813.95

355,908.26

Shinhan Financial Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,452.56	3,074.92	4,993.96	355,908.26	3,874.44

Shinhan Financial Group Co 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.

Shinhan Financial Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Shinhan Financial Group Co Ltd (MEX:SHG N) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

SHG:USA 055550:Korea KSF1:Germany

Address

20, Sejong-daero 9-gil, Jung-gu, Seoul, KOR, 04513

Website

http://www.shinhangroup.com

Shinhan Financial is a Korean banking group. Along with its subsidiaries the company provides, comprehensive financial services which consist of commercial banking services, credit card services, securities services, insurance, credit services, and asset management services, including securities investment trust management, investment advisory, call transaction, domestic and foreign private equity fund business, and other services. The majority of the revenue is generated from its Banking business which includes retail, corporate, international, and other banking services the company offers.

Shinhan Financial Group Co Headlines

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