Equity Group Holdings (NAI:EQTY) Accounts Payable & Accrued Expense : KES8,196 Mil (As of Mar. 2024)

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What is Equity Group Holdings Accounts Payable & Accrued Expense?

Equity Group Holdings's quarterly accounts payable & accrued expense increased from Sep. 2023 (KES5,124 Mil) to Dec. 2023 (KES20,032 Mil) but then declined from Dec. 2023 (KES20,032 Mil) to Mar. 2024 (KES8,196 Mil).

Equity Group Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (KES15,738 Mil) to Dec. 2022 (KES11,731 Mil) but then increased from Dec. 2022 (KES11,731 Mil) to Dec. 2023 (KES20,032 Mil).

Equity Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Equity Group Holdings'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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Equity Group Holdings Accounts Payable & Accrued Expense Chart

Equity Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,724.00

9,528.00

15,738.00

11,731.00

20,032.00

Equity Group Holdings 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															5,721.61	3,020.49	5,123.74	20,032.00	8,196.06

Equity Group Holdings 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.

Equity Group Holdings (NAI:EQTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Equity Group Holdings Ltd (NAI:EQTY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Hospital Road, Upper Hill, 9th Floor, P.O.Box 75104, Equity Centre, Nairobi, KEN, 00200

Website

https://www.equitygroupholdings.com

Equity Group Holdings Ltd offers banking and financial services in Kenya. The company offers retail banking, microfinance, and related services. It operates in six geographical markets, Kenya, Uganda, South Sudan, Rwanda, Tanzania, and the Democratic Republic of Congo. The consumer business line focuses on salaried customers or customers receiving other regular remittances, such as the pension. The revenue is derived from Kenya. The firm offers Equity loans, Farm inputs, Mortgage loans, Asset finance loans, Trade finance, Development loan, and Business Loan.

Equity Group Holdings (NAI:EQTY) Headlines

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