Bank of Bahrain and Kuwait BSC (BAH:BBK) Accounts Payable & Accrued Expense : BHD118.9 Mil (As of Mar. 2024)

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What is Bank of Bahrain and Kuwait BSC Accounts Payable & Accrued Expense?

Bank of Bahrain and Kuwait BSC's quarterly accounts payable & accrued expense declined from Sep. 2023 (BHD79.6 Mil) to Dec. 2023 (BHD73.4 Mil) but then increased from Dec. 2023 (BHD73.4 Mil) to Mar. 2024 (BHD118.9 Mil).

Bank of Bahrain and Kuwait BSC's annual accounts payable & accrued expense increased from Dec. 2021 (BHD46.6 Mil) to Dec. 2022 (BHD69.6 Mil) and increased from Dec. 2022 (BHD69.6 Mil) to Dec. 2023 (BHD73.4 Mil).

Bank of Bahrain and Kuwait BSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bank of Bahrain and Kuwait BSC'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 Bahrain and Kuwait BSC Accounts Payable & Accrued Expense Chart

Bank of Bahrain and Kuwait BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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44.60

46.90

46.60

69.60

73.40

Bank of Bahrain and Kuwait BSC 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															117.10	87.40	79.60	73.40	118.90

Bank of Bahrain and Kuwait BSC 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 Bahrain and Kuwait BSC (BAH:BBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Bahrain and Kuwait BSC (BAH:BBK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

43 Government Avenue, P.O. Box 597, Manama, BHR

Website

https://www.bbkonline.com

Bank of Bahrain and Kuwait BSC is a public shareholding company engaged in commercial banking and wealth management services. The company's operating segment includes Retail banking; Corporate banking; International banking and Investment, treasury and other activities. It generates maximum revenue from the Retail banking segment. Retail banking segment principally handling individual customers deposits and providing consumer finance type loans, overdrafts, credit facilities and funds transfer facilities, credit cards and foreign exchange. Geographically, it operates in Bahrain and the Middle East/Africa, Europe, North America, and Asia.