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Banca Ifis (LTS:0NBX) Accounts Payable & Accrued Expense : €1,153.3 Mil (As of Mar. 2024)


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What is Banca Ifis Accounts Payable & Accrued Expense?

Banca Ifis's quarterly accounts payable & accrued expense declined from Sep. 2023 (€979.9 Mil) to Dec. 2023 (€364.7 Mil) but then increased from Dec. 2023 (€364.7 Mil) to Mar. 2024 (€1,153.3 Mil).

Banca Ifis's annual accounts payable & accrued expense declined from Dec. 2021 (€422.1 Mil) to Dec. 2022 (€397.3 Mil) and declined from Dec. 2022 (€397.3 Mil) to Dec. 2023 (€364.7 Mil).


Banca Ifis Accounts Payable & Accrued Expense Historical Data

The historical data trend for Banca Ifis'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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Banca Ifis Accounts Payable & Accrued Expense Chart

Banca Ifis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 395.59 519.27 422.06 397.31 364.74

Banca Ifis 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 996.50 981.37 979.94 364.74 1,153.25

Banca Ifis 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.


Banca Ifis (LTS:0NBX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Ifis (LTS:0NBX) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
Address
Via Terraglio, 63, Mestre, Venice, ITA, 30174
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The group's earning assets are split nearly evenly between loans to customers and debt and equity securities available for sale. The group's net revenue is net interest income.

Banca Ifis (LTS:0NBX) Headlines

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