LOLC Finance (COL:LOFC.N0000) Accounts Payable & Accrued Expense : රු3,818 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is LOLC Finance Accounts Payable & Accrued Expense?

LOLC Finance's quarterly accounts payable & accrued expense increased from Jun. 2023 (රු4,207 Mil) to Sep. 2023 (රු4,920 Mil) but then declined from Sep. 2023 (රු4,920 Mil) to Dec. 2023 (රු3,818 Mil).

LOLC Finance's annual accounts payable & accrued expense increased from Mar. 2021 (රු4,306 Mil) to Mar. 2022 (රු17,781 Mil) and increased from Mar. 2022 (රු17,781 Mil) to Mar. 2023 (රු23,998 Mil).

LOLC Finance Accounts Payable & Accrued Expense Historical Data

The historical data trend for LOLC Finance'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.

* Premium members only.

LOLC Finance Accounts Payable & Accrued Expense Chart

LOLC Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

6,734.78

6,185.85

4,306.33

17,781.35

23,998.08

LOLC Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,497.06	23,998.08	4,207.16	4,919.83	3,817.95

LOLC Finance 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.

LOLC Finance (COL:LOFC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LOLC Finance PLC (COL:LOFC.N0000) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 100/1 Sri Jayewardenepura Mawatha, Rajagiriya, Colombo, LKA

Website

https://www.lolcfinance.com

LOLC Finance PLC is a finance company. The company provides leasing, hire purchase, margin trading, loans, property development, mobilization of public deposits, and Islamic financing services. It has three reportable segments namely SME Finance; Development Finance and Alternative Financial Services. It generates maximum revenue from the SME Finance segment.

LOLC Finance (COL:LOFC.N0000) Headlines

No Headlines