Askari Bank (KAR:AKBL) Accounts Payable & Accrued Expense : ₨38,164 Mil (As of Mar. 2024)

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What is Askari Bank Accounts Payable & Accrued Expense?

Askari Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (₨30,063 Mil) to Dec. 2023 (₨39,524 Mil) but then declined from Dec. 2023 (₨39,524 Mil) to Mar. 2024 (₨38,164 Mil).

Askari Bank's annual accounts payable & accrued expense increased from Dec. 2021 (₨16,132 Mil) to Dec. 2022 (₨24,932 Mil) and increased from Dec. 2022 (₨24,932 Mil) to Dec. 2023 (₨39,524 Mil).

Askari Bank Accounts Payable & Accrued Expense Historical Data

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

Askari Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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22,600.33

17,845.34

16,132.46

24,931.58

39,523.63

Askari 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															24,846.49	49,423.53	30,062.66	39,523.63	38,163.85

Askari 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.

Askari Bank (KAR:AKBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Askari Bank Ltd (KAR:AKBL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

AWT Plaza, The Mall, P.O. Box No. 1084, Rawalpindi, PB, PAK, 46000

Website

http://www.askaribank.com

Askari Bank Ltd operates as a bank in Pakistan. The bank operates its business through segments namely Branch banking; Corporate banking; Treasury; Consumer banking; Islamic banking; Foreign operations; and Other. It generates maximum revenue from the Branch banking segment. The Branch banking segment consists of loans, deposits, and other banking services including branchless banking services to small enterprises, medium enterprises, agriculture, and individual customers. Geographically, it derives a majority of its revenue from Pakistan.

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