China Construction Bank (China Construction Bank) Accounts Payable & Accrued Expense : $10,807 Mil (As of Mar. 2024)

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What is China Construction Bank Accounts Payable & Accrued Expense?

China Construction Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 ($14,795 Mil) to Dec. 2023 ($17,667 Mil) but then declined from Dec. 2023 ($17,667 Mil) to Mar. 2024 ($10,807 Mil).

China Construction Bank's annual accounts payable & accrued expense declined from Dec. 2021 ($19,993 Mil) to Dec. 2022 ($19,152 Mil) and declined from Dec. 2022 ($19,152 Mil) to Dec. 2023 ($17,667 Mil).

China Construction Bank Accounts Payable & Accrued Expense Historical Data

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

China Construction Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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17,923.49

18,292.63

19,992.78

19,152.29

17,667.29

China Construction 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															14,425.84	13,574.86	14,795.35	17,667.29	10,807.19

China Construction 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.

China Construction Bank (China Construction Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Construction Bank Corp (OTCPK:CICHY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CICHF:USA 00939:Hong Kong C6T:Germany 601939:China

Address

No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033

Website

http://www.ccb.com

As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.