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Ecobank Transnational (NSA:ETI) Accounts Payable & Accrued Expense : ₦526,317 Mil (As of Mar. 2024)


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What is Ecobank Transnational Accounts Payable & Accrued Expense?

Ecobank Transnational's quarterly accounts payable & accrued expense declined from Sep. 2023 (₦617,690 Mil) to Dec. 2023 (₦581,535 Mil) and declined from Dec. 2023 (₦581,535 Mil) to Mar. 2024 (₦526,317 Mil).

Ecobank Transnational's annual accounts payable & accrued expense increased from Dec. 2021 (₦97,647 Mil) to Dec. 2022 (₦377,789 Mil) and increased from Dec. 2022 (₦377,789 Mil) to Dec. 2023 (₦581,535 Mil).


Ecobank Transnational Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ecobank Transnational'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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Ecobank Transnational Accounts Payable & Accrued Expense Chart

Ecobank Transnational Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162,980.22 197,784.07 97,646.83 377,789.42 581,534.56

Ecobank Transnational 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 604,929.94 603,961.45 617,689.59 581,534.56 526,317.34

Ecobank Transnational 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.


Ecobank Transnational (NSA:ETI) Business Description

Industry
Traded in Other Exchanges
Address
2365, Boulevard du Mono, Lome, TGO, 3261
Ecobank Transnational Inc is a pan-African banking group that through its subsidiaries provides retail, investment, and corporate banking services to governments, financial institutions, multinationals, local companies, small and mid-size enterprises(SMEs), and individuals. It provides banking services throughout sub-Saharan Africa outside South Africa. Its activities are grouped into three customer-focused business segments namely Corporate and Investment Bank, Commercial banking, and Consumer. The company's Geographical segments include Francophone West Africa (UEMOA), Nigeria, Anglophone West Africa (AWA), Central, Eastern and Southern Africa (CESA), and others.

Ecobank Transnational (NSA:ETI) Headlines

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