Fidelity Bank (NSA:FBP) Accounts Payable & Accrued Expense : ₦615,296 Mil (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Fidelity Bank Accounts Payable & Accrued Expense?

Fidelity Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (₦499,052 Mil) to Dec. 2023 (₦664,764 Mil) but then declined from Dec. 2023 (₦664,764 Mil) to Mar. 2024 (₦615,296 Mil).

Fidelity Bank's annual accounts payable & accrued expense increased from Dec. 2021 (₦49,711 Mil) to Dec. 2022 (₦286,407 Mil) and increased from Dec. 2022 (₦286,407 Mil) to Dec. 2023 (₦664,764 Mil).

Fidelity Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fidelity 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.

* Premium members only.

Fidelity Bank Accounts Payable & Accrued Expense Chart

Fidelity Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

93,151.00

161,000.00

49,711.00

286,407.00

664,764.00

Fidelity 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															315,650.00	462,462.00	499,052.00	664,764.00	615,296.00

Fidelity 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.

Fidelity Bank (NSA:FBP) Business Description

Industry

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

Traded in Other Exchanges

N/A

Address

2 Kofo Abayomi Street, Fidelity Place, Victoria Island, Lagos, NGA

Website

https://www.fidelitybank.ng

Fidelity Bank PLC is a Nigerian based bank that offers banking and other financial services to corporate and individual customers. It operates through segments including Retail banking that offers retail, personal and commercial services to individuals, small and medium business customers and E-Business products to serve retail banking. Its Corporate Banking segment offers commercial and corporate banking services to corporate business customers, it covers the Power and Infrastructure, Oil and Gas Upstream and downstream, Real Estate, Agro-Allied, and other industries. Investment banking segment is involved in the funding and management of the bank's securities, trading, and investment decisions.