NBS Bank (MSW:NBS) Accounts Payable & Accrued Expense : MWK0 Mil (As of Jun. 2023)

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What is NBS Bank Accounts Payable & Accrued Expense?

NBS Bank's quarterly accounts payable & accrued expense increased from Jun. 2022 (MWK0 Mil) to Dec. 2022 (MWK3,849 Mil) but then declined from Dec. 2022 (MWK3,849 Mil) to Jun. 2023 (MWK0 Mil).

NBS Bank's annual accounts payable & accrued expense increased from Dec. 2020 (MWK722 Mil) to Dec. 2021 (MWK1,010 Mil) and increased from Dec. 2021 (MWK1,010 Mil) to Dec. 2022 (MWK3,849 Mil).

NBS Bank Accounts Payable & Accrued Expense Historical Data

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

NBS Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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464.47

721.68

1,009.71

3,848.95

NBS Bank Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										-	1,009.71	-	3,848.95	-

NBS 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.

NBS Bank (MSW:NBS) Business Description

Industry

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

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Traded in Other Exchanges

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Address

Corner Chipembere Highway & Johnstone Roads, NBS House, PO Box 32251, Chichiri, Ginnery Corner, Blantyre, MWI

Website

https://www.nbs.mw

NBS Bank PLC is primarily involved in commercial banking, covering corporate and retail banking and treasury management. Services offered by the bank include current account, saving account, investment, loans, international trades, and internet banking. The company segments are divided into geographical areas including Northern region, Central region and the Southern region. Its branches are spread across Malawi.

NBS Bank (MSW:NBS) Headlines

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