Hana Financial Group (XKRX:086790) Accounts Payable & Accrued Expense : ₩22,613,454 Mil (As of Mar. 2024)

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What is Hana Financial Group Accounts Payable & Accrued Expense?

Hana Financial Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (₩25,591,192 Mil) to Dec. 2023 (₩16,060,956 Mil) but then increased from Dec. 2023 (₩16,060,956 Mil) to Mar. 2024 (₩22,613,454 Mil).

Hana Financial Group's annual accounts payable & accrued expense declined from Dec. 2021 (₩11,033,952 Mil) to Dec. 2022 (₩10,024,628 Mil) but then increased from Dec. 2022 (₩10,024,628 Mil) to Dec. 2023 (₩16,060,956 Mil).

Hana Financial Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hana Financial Group'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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Hana Financial Group Accounts Payable & Accrued Expense Chart

Hana Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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13,410,277.00

10,593,576.00

11,033,952.00

10,024,628.00

16,060,956.00

Hana Financial Group 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															26,793,157.00	25,905,797.00	25,591,192.00	16,060,956.00	22,613,454.00

Hana Financial Group 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.

Hana Financial Group (XKRX:086790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hana Financial Group Inc (XKRX:086790) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

55 Eulji-ro Jung-gu, Seoul, KOR, 100-782

Website

http://www.hanafn.com

Hana Financial is one of Korea's four largest commercial banking groups. In commercial banking, it is a similar size to its three peers with an 11% share of loans as of 2022, but its total assets are about 20% to 25% smaller than Shinhan's and KB's owing to a smaller scale in nonbank financial businesses. This reflects Shinhan's and KB's expansion of these areas in recent years while Hana was busy integrating Korea Exchange Bank into KEB Hana Bank and replenishing its capital levels after the 2012 acquisition. The integration progressed smoothly, in our view, with Korea Exchange Bank's strength in large corporate business proving to be a good fit for the former Hana Bank's strength in retail.

Hana Financial Group (XKRX:086790) Headlines

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