Life & Banc Split (TSX:LBS.PR.A) Accounts Payable & Accrued Expense : C$11.29 Mil (As of Dec. 2023)

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What is Life & Banc Split Accounts Payable & Accrued Expense?

Life & Banc Split's quarterly accounts payable & accrued expense increased from Dec. 2022 (C$8.33 Mil) to Jun. 2023 (C$9.60 Mil) and increased from Jun. 2023 (C$9.60 Mil) to Dec. 2023 (C$11.29 Mil).

Life & Banc Split's annual accounts payable & accrued expense increased from Dec. 2021 (C$7.12 Mil) to Dec. 2022 (C$8.33 Mil) and increased from Dec. 2022 (C$8.33 Mil) to Dec. 2023 (C$11.29 Mil).

Life & Banc Split Accounts Payable & Accrued Expense Historical Data

The historical data trend for Life & Banc Split'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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Life & Banc Split Accounts Payable & Accrued Expense Chart

Life & Banc Split Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6.83

6.49

7.12

8.33

11.29

Life & Banc Split Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7.12	8.09	8.33	9.60	11.29

Life & Banc Split 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.

Life & Banc Split (TSX:LBS.PR.A) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Life & Banc Split Corp (TSX:LBS.PR.A) » Definitions » Accounts Payable & Accrued Expense

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LBS:Canada

Address

181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3

Website

https://www.bromptongroup.com

Life & Banc Split Corp is a mutual fund company. Its investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. Primarily, it invests in a portfolio comprising of common shares of Canadian banks and publicly traded Canadian life insurance companies.

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