Aktia Bank (OHEL:AKTIA) Accounts Payable & Accrued Expense : €2.4 Mil (As of Mar. 2024)

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What is Aktia Bank Accounts Payable & Accrued Expense?

Aktia Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (€4.6 Mil) to Dec. 2023 (€65.7 Mil) but then declined from Dec. 2023 (€65.7 Mil) to Mar. 2024 (€2.4 Mil).

Aktia Bank's annual accounts payable & accrued expense declined from Dec. 2021 (€20.0 Mil) to Dec. 2022 (€11.7 Mil) but then increased from Dec. 2022 (€11.7 Mil) to Dec. 2023 (€65.7 Mil).

Aktia Bank Accounts Payable & Accrued Expense Historical Data

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

Aktia Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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18.77

17.34

19.98

11.67

65.69

Aktia Bank 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															0.50	1.00	4.60	65.69	2.40

Aktia 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.

Aktia Bank (OHEL:AKTIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aktia Bank PLC (OHEL:AKTIA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

2A41:Germany

Address

Arkadiankatu 4-6 A, PO Box 207, Helsinki, FIN, 00101

Website

https://www.aktia.com

Aktia Bank operates in Finland and offers a broad range of financial services, including banking, asset management, and insurance. The vast majority of its customer base lives in the Helsinki metropolitan area, which accounts for most of its loan and deposit activities. It operates through business segments: banking business, which includes individual, corporate, and institutional customers; and asset management, which includes the firm's asset management business and life insurance arm and Group functions. The majority of revenue comes from the banking business segment.

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