SGBLY (Standard Bank Group) Accounts Payable & Accrued Expense : $1,534 Mil (As of Dec. 2024)

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What is Standard Bank Group Accounts Payable & Accrued Expense?

Standard Bank Group's quarterly accounts payable & accrued expense declined from Dec. 2023 ($1,264 Mil) to Jun. 2024 ($578 Mil) but then increased from Jun. 2024 ($578 Mil) to Dec. 2024 ($1,534 Mil).

Standard Bank Group's annual accounts payable & accrued expense increased from Dec. 2022 ($454 Mil) to Dec. 2023 ($1,264 Mil) and increased from Dec. 2023 ($1,264 Mil) to Dec. 2024 ($1,534 Mil).

Standard Bank Group Accounts Payable & Accrued Expense Historical Data

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

Standard Bank Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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941.08

1,055.72

453.82

1,264.01

1,534.07

Standard Bank Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															453.82	545.43	1,264.01	578.32	1,534.07

Standard Bank 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.

Standard Bank Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Bank Group Ltd (OTCPK:SGBLY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SBPP.PFD:South Africa SBKP.PFD:South Africa SBK:South Africa SBGOF:USA SNB:Namibia SKC2:Germany

Address

5 Simmonds Street, 9th Floor, Standard Bank Centre, Johannesburg, GT, ZAF, 2001

Website

https://www.standardbank.com

Standard Bank Group Ltd provides banking and other financial services. Its operating model is client-led and structured around its business units, which are Personal & Private Banking (PPB), Business and Commercial Banking (BCB), Corporate and Investment Banking (CIB), and Insurance & Asset Management (IAM). It offers credit cards, mortgages, vehicle loans, insurance, and other lending and transactional products. Geographically, the company derives maximum revenue from South Africa, followed by other African and international regions.