Banco de la Produccion PRODUBANCO (XGUA:PRE) Accounts Payable & Accrued Expense : $83.0 Mil (As of Dec. 2015)

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What is Banco de la Produccion PRODUBANCO Accounts Payable & Accrued Expense?

Banco de la Produccion PRODUBANCO's quarterly accounts payable & accrued expense increased from . 20 ($0.0 Mil) to Dec. 2014 ($97.8 Mil) but then declined from Dec. 2014 ($97.8 Mil) to Dec. 2015 ($83.0 Mil).

Banco de la Produccion PRODUBANCO's annual accounts payable & accrued expense increased from . 20 ($0.0 Mil) to Dec. 2014 ($97.8 Mil) but then declined from Dec. 2014 ($97.8 Mil) to Dec. 2015 ($83.0 Mil).

Banco de la Produccion PRODUBANCO Accounts Payable & Accrued Expense Historical Data

The historical data trend for Banco de la Produccion PRODUBANCO'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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Banco de la Produccion PRODUBANCO Accounts Payable & Accrued Expense Chart

Banco de la Produccion PRODUBANCO Annual Data

Trend

Dec14

Dec15

Accounts Payable & Accrued Expense

97.76

83.03

Banco de la Produccion PRODUBANCO Semi-Annual Data
	Dec14	Dec15
Accounts Payable & Accrued Expense	97.76	83.03

Banco de la Produccion PRODUBANCO 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.

Banco de la Produccion PRODUBANCO (XGUA:PRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de la Produccion SA PRODUBANCO (XGUA:PRE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Simon Bolivar and Via a Nayon, Ekopark Corporate Complex, Tower 1, Quito, ECU

Website

https://www.produbanco.com

Banco de la Produccion SA is a banking company. Its services include current accounts in dollars, savings accounts in dollars, capital integration accounts, payment of import levies, payment of taxes, accumulation policies, and ATMs among others.