Banca Popolare di Sondrio SpA (LTS:0NWJ) Accounts Payable & Accrued Expense : €94 Mil (As of Mar. 2024)

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What is Banca Popolare di Sondrio SpA Accounts Payable & Accrued Expense?

Banca Popolare di Sondrio SpA's quarterly accounts payable & accrued expense increased from Sep. 2023 (€78 Mil) to Dec. 2023 (€859 Mil) but then declined from Dec. 2023 (€859 Mil) to Mar. 2024 (€94 Mil).

Banca Popolare di Sondrio SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€206 Mil) to Dec. 2022 (€239 Mil) and increased from Dec. 2022 (€239 Mil) to Dec. 2023 (€859 Mil).

Banca Popolare di Sondrio SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Banca Popolare di Sondrio SpA'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 Popolare di Sondrio SpA Accounts Payable & Accrued Expense Chart

Banca Popolare di Sondrio SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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208.17

134.11

206.30

239.14

859.15

Banca Popolare di Sondrio SpA 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															13.75	566.40	78.01	859.15	93.86

Banca Popolare di Sondrio SpA 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 Popolare di Sondrio SpA (LTS:0NWJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Popolare di Sondrio SpA (LTS:0NWJ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

BPSO:Italy 593:Germany

Address

Piazza Garibaldi, 16, Sondrio, ITA, 23100

Website

https://www.popso.it

Banca Popolare di Sondrio SpA is a full-service cooperative bank operating primarily in Northern Italy but also in Central Italy and Switzerland. The bank's overall strategy is geared toward sustaining local economies, particularly small- and medium-sized businesses and households. most of the bank's business is generated through business banking, followed by individual banking activities. The bank generates most of its net revenue through net interest income, followed by net fees and commissions and net trading income. A majority of the bank's earning assets are mortgage loans. The bank's lending strategy revolves around a low propensity for risk and an emphasis on diversification.

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