Highlands Bankshares (WV) (Highlands Bankshares (WV)) Accounts Payable & Accrued Expense : $7.72 Mil (As of Dec. 2018)

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What is Highlands Bankshares (WV) Accounts Payable & Accrued Expense?

Highlands Bankshares (WV)'s quarterly accounts payable & accrued expense declined from Dec. 2016 ($7.43 Mil) to Dec. 2017 ($7.18 Mil) but then increased from Dec. 2017 ($7.18 Mil) to Dec. 2018 ($7.72 Mil).

Highlands Bankshares (WV)'s annual accounts payable & accrued expense declined from Dec. 2016 ($7.43 Mil) to Dec. 2017 ($7.18 Mil) but then increased from Dec. 2017 ($7.18 Mil) to Dec. 2018 ($7.72 Mil).

Highlands Bankshares (WV) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Highlands Bankshares (WV)'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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Highlands Bankshares (WV) Accounts Payable & Accrued Expense Chart

Highlands Bankshares (WV) Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

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8.17

6.94

7.43

7.18

7.72

Highlands Bankshares (WV) Semi-Annual Data
	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8.17	6.94	7.43	7.18	7.72

Highlands Bankshares (WV) 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.

Highlands Bankshares (WV) (Highlands Bankshares (WV)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Highlands Bankshares Inc (WV) (OTCPK:HBSI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 North Main Street, P.O. Box 929, Petersburg, WV, USA, 26847

Website

https://www.highlandsbankshares.com

Highlands Bankshares Inc (WV) operates as a holding company, which engages in the provision of financial and banking services through its subsidiaries. It offers a variety of services, including commercial and individual demand and time deposit accounts, commercial and individual loans, drive-in banking services, and automatic teller machine banking. The banks provide services to customers located mainly in Grant, Hardy, Hampshire, Mineral, Pendleton, Randolph, and Tucker counties of West Virginia, including the towns of Petersburg, Keyser, Moorefield, Davis, and Wardensville.

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