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FCMB Group (NSA:FCMB) Accounts Payable & Accrued Expense : ₦63,488 Mil (As of Jun. 2024)


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What is FCMB Group Accounts Payable & Accrued Expense?

FCMB Group's quarterly accounts payable & accrued expense increased from Dec. 2023 (₦49,175 Mil) to Mar. 2024 (₦128,080 Mil) but then declined from Mar. 2024 (₦128,080 Mil) to Jun. 2024 (₦63,488 Mil).

FCMB Group's annual accounts payable & accrued expense increased from Dec. 2021 (₦35,025 Mil) to Dec. 2022 (₦49,854 Mil) but then declined from Dec. 2022 (₦49,854 Mil) to Dec. 2023 (₦49,175 Mil).

FCMB Group Accounts Payable & Accrued Expense Historical Data

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

FCMB Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,801.26 21,207.70 35,025.43 49,854.19 49,174.90

FCMB Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50,975.30 43,446.81 49,174.90 128,080.48 63,488.04

FCMB Group 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.

FCMB Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FCMB Group PLC (NSA:FCMB) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
44 Marina, First City Plaza, Lagos, NGA
Website
https://www.fcmbgroup.com
FCMB Group PLC provides banking products and services in Nigeria. Its business is divided into eight segments including Investment Banking, SME (Small and Medium Enterprises) Banking, Commercial Banking, Corporate Banking, Personal Banking, Institutional Banking, Treasury and Financial Markets, and Asset Management. The bank generates the majority of its revenue from the personal banking segment that offers private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit and debit cards, consumer loans, and mortgages. It has geographic operations in Nigeria and Europe.

FCMB Group Headlines

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