Standard Bank Malawi (MSW:STANDARD) Accounts Payable & Accrued Expense : MWK53,531 Mil (As of Dec. 2023)

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What is Standard Bank Malawi Accounts Payable & Accrued Expense?

Standard Bank Malawi's quarterly accounts payable & accrued expense declined from Dec. 2022 (MWK33,768 Mil) to Jun. 2023 (MWK17,317 Mil) but then increased from Jun. 2023 (MWK17,317 Mil) to Dec. 2023 (MWK53,531 Mil).

Standard Bank Malawi's annual accounts payable & accrued expense increased from Dec. 2021 (MWK21,103 Mil) to Dec. 2022 (MWK33,768 Mil) and increased from Dec. 2022 (MWK33,768 Mil) to Dec. 2023 (MWK53,531 Mil).

Standard Bank Malawi Accounts Payable & Accrued Expense Historical Data

The historical data trend for Standard Bank Malawi'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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Standard Bank Malawi Accounts Payable & Accrued Expense Chart

Standard Bank Malawi Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,093.00

9,309.00

21,103.00

33,768.00

53,531.00

Standard Bank Malawi Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						21,103.00	8,236.00	33,768.00	17,317.00	53,531.00

Standard Bank Malawi 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.

Standard Bank Malawi (MSW:STANDARD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Bank Malawi PLC (MSW:STANDARD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Africa Unity Avenue, P O Box 30380, Standard Bank Centre, Lilongwe, MWI, 3

Website

https://www.standardbank.co.mw

Standard Bank Malawi PLC provides banking services. Its business operations are divided into three segments Corporate and Investment Banking, Consumer and High Net Worth clients, Business and Commercial clients & Treasury and Capital Management. Services offered by the company include current accounts, savings, deposits, investment savings products, custody, debit cards, consumer loans, mortgages, internet banking, telephone banking, foreign exchange, commodities, debt securities, and equities trading, among others. Its branches are located across Malawi. The Bank offers its services to individual customers and small to medium-sized enterprises.

Standard Bank Malawi (MSW:STANDARD) Headlines

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