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Avangard Bank JSC (MIC:AVAN) Accounts Payable & Accrued Expense : ₽935 Mil (As of Dec. 2020)


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What is Avangard Bank JSC Accounts Payable & Accrued Expense?

Avangard Bank JSC's quarterly accounts payable & accrued expense stayed the same from Jun. 2020 (₽0 Mil) to Sep. 2020 (₽0 Mil) but then increased from Sep. 2020 (₽0 Mil) to Dec. 2020 (₽935 Mil).

Avangard Bank JSC's annual accounts payable & accrued expense increased from Dec. 2018 (₽964 Mil) to Dec. 2019 (₽1,111 Mil) but then declined from Dec. 2019 (₽1,111 Mil) to Dec. 2020 (₽935 Mil).

Avangard Bank JSC Accounts Payable & Accrued Expense Historical Data

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

Avangard Bank JSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 750.70 1,342.66 964.26 1,110.62 934.60

Avangard Bank JSC Quarterly Data
Jun15 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 1,110.62 2.22 - - 934.60

Avangard Bank JSC 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.

Avangard Bank JSC (MIC:AVAN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avangard Bank JSC (MIC:AVAN) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
MIC:USBN MIC:BSPB MIC:ROSB MIC:MOBB MIC:PRMB MIC:RDRB MIC:ALBK MIC:KUZB MIC:CBOM SHSE:600036 NSE:HDFCBANK HKSE:01658 MIC:SBERP USB TFC PNC SHSE:601166 BSP:ITUB3 SHSE:600000 ISX:BBCA
Traded in Other Exchanges
N/A
Address
12 Sadovnicheskaya Street, Building 1, Moscow, RUS, 115035
Website
http://www.avangard.ru
Avangard Bank JSC operates as a regional bank in Russia. It provides commercial banking products and services to its corporate and retail clients in Russia through its branches and affiliates. It is also engaged in lending cash and settlement services rendered to private businesses. The company offers deposits, car loans, bank cards, banknotes, securities transactions, settlement and cash, currency control, and money transfer services, as well as Internet banking and other services.