Bank of Siauliai AB (OVSE:SAB1L) Accounts Payable & Accrued Expense : €11.5 Mil (As of Mar. 2024)

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What is Bank of Siauliai AB Accounts Payable & Accrued Expense?

Bank of Siauliai AB's quarterly accounts payable & accrued expense declined from Sep. 2023 (€14.3 Mil) to Dec. 2023 (€10.4 Mil) but then increased from Dec. 2023 (€10.4 Mil) to Mar. 2024 (€11.5 Mil).

Bank of Siauliai AB's annual accounts payable & accrued expense increased from Dec. 2021 (€1.1 Mil) to Dec. 2022 (€9.0 Mil) and increased from Dec. 2022 (€9.0 Mil) to Dec. 2023 (€10.4 Mil).

Bank of Siauliai AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bank of Siauliai AB'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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Bank of Siauliai AB Accounts Payable & Accrued Expense Chart

Bank of Siauliai AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.58

4.79

1.08

9.02

10.45

Bank of Siauliai AB 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															8.95	9.78	14.31	10.45	11.46

Bank of Siauliai AB 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.

Bank of Siauliai AB (OVSE:SAB1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Siauliai AB (OVSE:SAB1L) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ZH5:Germany

Address

Tilzes Street 149, Siauliai, LTU, LT-76348

Website

https://www.sb.lt

Bank of Siauliai AB provides lending to small and medium-sized business. The company accepts deposits, issues loans, makes money transfers and documentary settlements, exchanges currencies for its clients, issues and processes debit and credit cards. It is also engaged in trade finance and is investing and trading in securities. The bank has four business segments: Traditional banking operations and lending; Treasury; Non-core banking activities; and Other activities. It earns the majority of its income from the traditional banking operations and lending segment.

Bank of Siauliai AB (OVSE:SAB1L) Headlines

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