OTP Bank (BUD:OTP) Accounts Payable & Accrued Expense : Ft66,451 Mil (As of Mar. 2024)

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What is OTP Bank Accounts Payable & Accrued Expense?

OTP Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (Ft54,819 Mil) to Dec. 2023 (Ft263,852 Mil) but then declined from Dec. 2023 (Ft263,852 Mil) to Mar. 2024 (Ft66,451 Mil).

OTP Bank's annual accounts payable & accrued expense increased from Dec. 2021 (Ft114,443 Mil) to Dec. 2022 (Ft161,445 Mil) and increased from Dec. 2022 (Ft161,445 Mil) to Dec. 2023 (Ft263,852 Mil).

OTP Bank Accounts Payable & Accrued Expense Historical Data

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

OTP Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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132,510.00

91,509.00

114,443.00

161,445.00

263,852.00

OTP 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															33,437.00	34,747.00	54,819.00	263,852.00	66,451.00

OTP 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.

OTP Bank (BUD:OTP) Business Description

Industry

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

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OTPBF:USA 0M69:UK OTP:Germany

Address

16, Nador Street, Budapest, HUN, 1051

Website

https://www.otpbank.hu

OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group's operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Merkantil Group, Asset Management subsidiaries, other subsidiaries, Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets; It also offers mortgage loans, consumer credits, working capital & investment loans to companies, and municipalities. A majority of the bank's net revenue is net interest income.

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