ForteBank JSC (XKAZ:ASBN) Accounts Payable & Accrued Expense : ₸17,133 Mil (As of Mar. 2024)

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What is ForteBank JSC Accounts Payable & Accrued Expense?

ForteBank JSC's quarterly accounts payable & accrued expense increased from Sep. 2023 (₸4,574 Mil) to Dec. 2023 (₸14,704 Mil) and increased from Dec. 2023 (₸14,704 Mil) to Mar. 2024 (₸17,133 Mil).

ForteBank JSC's annual accounts payable & accrued expense increased from Dec. 2021 (₸4,266 Mil) to Dec. 2022 (₸4,693 Mil) and increased from Dec. 2022 (₸4,693 Mil) to Dec. 2023 (₸14,704 Mil).

ForteBank JSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for ForteBank JSC'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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ForteBank JSC Accounts Payable & Accrued Expense Chart

ForteBank JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5,298.00

4,266.00

4,693.00

14,704.00

ForteBank JSC 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															4,812.00	5,450.00	4,574.00	14,704.00	17,133.00

ForteBank JSC 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.

ForteBank JSC (XKAZ:ASBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ForteBank JSC (XKAZ:ASBN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Dostyk Street, 8/1, Astana, KAZ, 010017

Website

https://www.forte.bank

ForteBank JSC is a commercial bank based in Kazakhstan. It is a result of the merger of OJSC Semipalatinsk Municipal Joint Stock Bank and OJSC Irtyshbusinessbank. ForteBank's core services involve the provision of banking services to individuals and corporates. Its customers can also avail insurance coverage for deposits, depending upon a number of deposits. The group's primary business is related to commercial banking activities, granting of loans and guarantees, accepting deposits, exchanging foreign currencies, dealing with securities, transferring cash payments, as well as providing other banking services.

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