AB Bank (DHA:ABBANK) Accounts Payable & Accrued Expense : BDT1,938 Mil (As of Mar. 2024)

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What is AB Bank Accounts Payable & Accrued Expense?

AB Bank's quarterly accounts payable & accrued expense declined from Sep. 2023 (BDT1,771 Mil) to Dec. 2023 (BDT1,678 Mil) but then increased from Dec. 2023 (BDT1,678 Mil) to Mar. 2024 (BDT1,938 Mil).

AB Bank's annual accounts payable & accrued expense declined from Dec. 2021 (BDT11,006 Mil) to Dec. 2022 (BDT1,910 Mil) and declined from Dec. 2022 (BDT1,910 Mil) to Dec. 2023 (BDT1,678 Mil).

AB Bank Accounts Payable & Accrued Expense Historical Data

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

AB Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,754.74

6,493.43

11,005.61

1,909.76

1,678.31

AB 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															2,005.41	2,795.99	1,771.11	1,678.31	1,938.21

AB 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.

AB Bank (DHA:ABBANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AB Bank PLC (DHA:ABBANK) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

The Skymark, 18 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212

Website

https://www.abbl.com

AB Bank PLC, together with its subsidiaries, provides various financial products and services in Bangladesh and international markets. The company also provides personal, auto, education, and home loans. AB offers a wide range of depository and loan products to cater to virtually every customer segment. From Student Banking to Priority Banking AB approximately has all banking products in its stock. It also provides Small and Medium Enterprise (SME) credit, Women's Entrepreneur, Consumer Loans, Debit and Credit Cards (Local and International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking.

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