NPF Microfinance Bank (NSA:NPFMB) Accounts Payable & Accrued Expense : ₦569 Mil (As of Dec. 2020)

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What is NPF Microfinance Bank Accounts Payable & Accrued Expense?

NPF Microfinance Bank's quarterly accounts payable & accrued expense increased from Dec. 2018 (₦217 Mil) to Dec. 2019 (₦473 Mil) and increased from Dec. 2019 (₦473 Mil) to Dec. 2020 (₦569 Mil).

NPF Microfinance Bank's annual accounts payable & accrued expense increased from Dec. 2018 (₦217 Mil) to Dec. 2019 (₦473 Mil) and increased from Dec. 2019 (₦473 Mil) to Dec. 2020 (₦569 Mil).

NPF Microfinance Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for NPF Microfinance Bank'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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NPF Microfinance Bank Accounts Payable & Accrued Expense Chart

NPF Microfinance Bank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

305.04

216.52

473.08

569.30

NPF Microfinance Bank Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20
Accounts Payable & Accrued Expense	305.04	216.52	473.08	569.30

NPF Microfinance Bank 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.

NPF Microfinance Bank (NSA:NPFMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NPF Microfinance Bank PLC (NSA:NPFMB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

1, Ikoyi Road, Obalende, Aliyu Aa House, Lagos, NGA

Website

https://www.npfmicrofinancebank.com

NPF Microfinance Bank PLC provides banking products and services to consumers including retail banking, loans and advances, money market activities and financial advisory services.

NPF Microfinance Bank (NSA:NPFMB) Headlines

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