CB Bulgarian American Credit Bank AD (XBUL:BACB) Accounts Payable & Accrued Expense : лв3.0 Mil (As of Mar. 2024)

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What is CB Bulgarian American Credit Bank AD Accounts Payable & Accrued Expense?

CB Bulgarian American Credit Bank AD's quarterly accounts payable & accrued expense increased from Sep. 2023 (лв1.9 Mil) to Dec. 2023 (лв11.0 Mil) but then declined from Dec. 2023 (лв11.0 Mil) to Mar. 2024 (лв3.0 Mil).

CB Bulgarian American Credit Bank AD's annual accounts payable & accrued expense declined from Dec. 2021 (лв16.9 Mil) to Dec. 2022 (лв16.2 Mil) and declined from Dec. 2022 (лв16.2 Mil) to Dec. 2023 (лв11.0 Mil).

CB Bulgarian American Credit Bank AD Accounts Payable & Accrued Expense Historical Data

The historical data trend for CB Bulgarian American Credit Bank AD'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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CB Bulgarian American Credit Bank AD Accounts Payable & Accrued Expense Chart

CB Bulgarian American Credit Bank AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12.30

6.44

16.92

16.16

10.98

CB Bulgarian American Credit Bank AD 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															2.60	1.27	1.90	10.98	2.99

CB Bulgarian American Credit Bank AD 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.

CB Bulgarian American Credit Bank AD (XBUL:BACB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CB Bulgarian American Credit Bank AD (XBUL:BACB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

2 Slavyanska Street, Sofia, BGR, 1000

Website

https://www.bacb.bg

CB Bulgarian American Credit Bank AD is engaged in providing secured finance to small and medium-sized businesses in Bulgaria. The company offers a full range of banking products and services to individual and corporate clients. It also provides retail, mortgage, working capital, and investment loans, overdrafts, discount credits against claims, and letters of credit and limits for issuance of letters of credit, as well as engage in the taking over/guarantee of credit/bill of exchange liability of a juridical entity or a sole trader.

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