Suez Canal Bank (CAI:CANA) Accounts Payable & Accrued Expense : E£1,842 Mil (As of Mar. 2024)

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What is Suez Canal Bank Accounts Payable & Accrued Expense?

Suez Canal Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (E£1,848 Mil) to Dec. 2023 (E£2,339 Mil) but then declined from Dec. 2023 (E£2,339 Mil) to Mar. 2024 (E£1,842 Mil).

Suez Canal Bank's annual accounts payable & accrued expense increased from Dec. 2021 (E£696 Mil) to Dec. 2022 (E£1,157 Mil) and increased from Dec. 2022 (E£1,157 Mil) to Dec. 2023 (E£2,339 Mil).

Suez Canal Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Suez Canal 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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Suez Canal Bank Accounts Payable & Accrued Expense Chart

Suez Canal Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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763.06

778.41

695.52

1,156.84

2,338.58

Suez Canal Bank 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															-	1,739.10	1,847.63	2,338.58	1,842.01

Suez Canal 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.

Suez Canal Bank (CAI:CANA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Suez Canal Bank (CAI:CANA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

7 & 9 Abd El-Kader Hamza Street, Garden City, Cairo, EGY

Website

https://www.scbank.com.eg

Suez Canal Bank provides retail, corporate, and investment banking services. The company offers personal banking products and services, including savings, current accounts; time deposits; certificates of deposit; debit and credit cards; and mutual funds. It also provides custodian services comprising bookkeeping services of stocks and bonds, execution of buy/sell orders on behalf of its customers, collecting due coupons on behalf of its customers, subscriptions for new issues, and pledge and freeze of securities. In addition, the company offers institutional banking services to corporate, and small and medium enterprises.

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