Bank Asia (DHA:BANKASIA) Accounts Payable & Accrued Expense : BDT2,813 Mil (As of Mar. 2024)

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What is Bank Asia Accounts Payable & Accrued Expense?

Bank Asia's quarterly accounts payable & accrued expense declined from Sep. 2023 (BDT3,203 Mil) to Dec. 2023 (BDT1,536 Mil) but then increased from Dec. 2023 (BDT1,536 Mil) to Mar. 2024 (BDT2,813 Mil).

Bank Asia's annual accounts payable & accrued expense declined from Dec. 2021 (BDT1,648 Mil) to Dec. 2022 (BDT1,542 Mil) and declined from Dec. 2022 (BDT1,542 Mil) to Dec. 2023 (BDT1,536 Mil).

Bank Asia Accounts Payable & Accrued Expense Historical Data

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

Bank Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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811.93

1,483.05

1,647.89

1,542.07

1,535.88

Bank Asia 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															3,188.18	4,797.64	3,203.48	1,535.88	2,812.83

Bank Asia 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.

Bank Asia (DHA:BANKASIA) Business Description

Industry

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

Traded in Other Exchanges

N/A

Address

32 & 34 Kazi Nazrul Islam Avenue, Bank Asia Tower, Karwan Bazar, Dhaka, BGD, 1215

Website

https://www.bankasia-bd.com

Bank Asia Ltd is a Bangladesh-based Bank. The bank provides various banking products and services such as mobile banking, ATM services, credit card facilities, internet banking, foreign currency account, and other services. Its principal activities are to provide all kinds of conventional and Islamic commercial banking services to its customers through its branches, Islamic windows, SME centers, and alternative delivery channels. The segments of the company within Bangladesh are Conventional Banking, Islamic Banking, and Off-shore Banking unit, of which key revenue is derived from the Conventional Banking unit. It has a business presence in Bangladesh and other countries.

Bank Asia (DHA:BANKASIA) Headlines

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