I&M Holdings (NAI:IMH) Accounts Payable & Accrued Expense : KES1,160 Mil (As of Mar. 2024)

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What is I&M Holdings Accounts Payable & Accrued Expense?

I&M Holdings's quarterly accounts payable & accrued expense increased from Sep. 2023 (KES0 Mil) to Dec. 2023 (KES2,446 Mil) but then declined from Dec. 2023 (KES2,446 Mil) to Mar. 2024 (KES1,160 Mil).

I&M Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (KES1,729 Mil) to Dec. 2022 (KES3,184 Mil) but then declined from Dec. 2022 (KES3,184 Mil) to Dec. 2023 (KES2,446 Mil).

I&M Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for I&M Holdings'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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I&M Holdings Accounts Payable & Accrued Expense Chart

I&M Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,050.47

1,522.00

1,728.89

3,183.88

2,445.76

I&M Holdings 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															361.50	-	-	2,445.76	1,160.22

I&M Holdings 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.

I&M Holdings (NAI:IMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » I&M Holdings Ltd (NAI:IMH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Park Avenue, 1st Parklands Avenue, P.O. Box 30238, Nairobi, KEN, 00100

Website

https://www.imbank.com

I&M Holdings Ltd Formerly I&M Holdings PLC is a non-operating holding company, along with its subsidiaries provide banking, financial and related services. The group operations are divided into five geographical segments, Kenya, Tanzania, Rwanda, Mauritius, and Uganda. It offers a range of personal banking products, such as bank accounts, cards, mobile banking, Internet banking, investment management services, loans, foreign exchange, and funds transfer. Business banking products include business accounts, loans, e-commerce, salary processing, trade services, interest rates, foreign exchange, insurance premium financing, funds transfer, asset finance, and cash management services. The company generates the majority of its revenue from operation within Kenya.

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