Jaiz Bank (NSA:JAIZBANK) Accounts Payable & Accrued Expense : ₦605 Mil (As of Mar. 2024)

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What is Jaiz Bank Accounts Payable & Accrued Expense?

Jaiz Bank's quarterly accounts payable & accrued expense increased from Jun. 2023 (₦336 Mil) to Sep. 2023 (₦446 Mil) and increased from Sep. 2023 (₦446 Mil) to Mar. 2024 (₦605 Mil).

Jaiz Bank's annual accounts payable & accrued expense declined from Dec. 2020 (₦12,020 Mil) to Dec. 2021 (₦5,817 Mil) and declined from Dec. 2021 (₦5,817 Mil) to Dec. 2022 (₦5,346 Mil).

Jaiz Bank Accounts Payable & Accrued Expense Historical Data

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

Jaiz Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1,638.44

3,974.68

12,020.43

5,816.94

5,345.67

Jaiz Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,345.67	373.66	336.38	446.41	605.32

Jaiz 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.

Jaiz Bank (NSA:JAIZBANK) Business Description

Industry

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

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Traded in Other Exchanges

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Address

No. 73 Ralph Shodeinde Street, Kano House, Central Business Area, Abuja, NGA

Website

https://www.jaizbankplc.com

Jaiz Bank PLC is a full-fledged Non-Interest (Islamic) Bank in Nigeria. The company's business divisions include Retail Banking, and Corporate Banking. Its products and services include JAIZ Kids Savings Account, JAIZ Premium Savings Account, Working Capital Finance, Project Financing, JAIZ SMS Banking, JaizPay, JaizMobile and JaizOnline.

Jaiz Bank (NSA:JAIZBANK) Headlines

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