Unity Bank (NSA:UBP) Accounts Payable & Accrued Expense : ₦8,510 Mil (As of Dec. 2022)

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What is Unity Bank Accounts Payable & Accrued Expense?

Unity Bank's quarterly accounts payable & accrued expense increased from Dec. 2020 (₦6,893 Mil) to Dec. 2021 (₦8,571 Mil) but then declined from Dec. 2021 (₦8,571 Mil) to Dec. 2022 (₦8,510 Mil).

Unity Bank's annual accounts payable & accrued expense increased from Dec. 2020 (₦6,893 Mil) to Dec. 2021 (₦8,571 Mil) but then declined from Dec. 2021 (₦8,571 Mil) to Dec. 2022 (₦8,510 Mil).

Unity Bank Accounts Payable & Accrued Expense Historical Data

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

Unity Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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6,325.78

4,506.09

6,892.80

8,570.58

8,510.06

Unity Bank Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			6,325.78	4,506.09	6,892.80	8,570.58	8,510.06

Unity Bank 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.

Unity Bank (NSA:UBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Unity Bank PLC (NSA:UBP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 42, Ahmed Onibudo Street, Victoria Island, Lagos, NGA

Website

http://www.unitybankng.com

Unity Bank PLC provides a range of retail, corporate, treasury and investment banking services in Nigeria. The Bank's offerings include Private banking, Digital Banking, Business banking, custody services, consumer loans & mortgages, structured financing, corporate leasing services among others. It has six Business segments Corporate Banking, Commercial Banking, Personal Banking, Private Banking, SME and Institutional Banking. The Bank operated Two geographical segments in addition to the Head Office which are: North and South Bank, of which it dervies majority revenue from North Bank.