City Bank (City Bank) Accounts Payable & Accrued Expense : $2.55 Mil (As of Jun. 2009)

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What is City Bank Accounts Payable & Accrued Expense?

City Bank's quarterly accounts payable & accrued expense declined from Dec. 2008 ($3.88 Mil) to Mar. 2009 ($2.63 Mil) and declined from Mar. 2009 ($2.63 Mil) to Jun. 2009 ($2.55 Mil).

City Bank's annual accounts payable & accrued expense increased from Dec. 2006 ($3.60 Mil) to Dec. 2007 ($4.32 Mil) but then declined from Dec. 2007 ($4.32 Mil) to Dec. 2008 ($3.88 Mil).

City Bank Accounts Payable & Accrued Expense Historical Data

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

City Bank Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

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Dec05

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Dec08

Accounts Payable & Accrued Expense

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1.06

1.94

3.60

4.32

3.88

City Bank Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	3.53	3.88	2.63	2.55

City 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.

City Bank (City Bank) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » City Bank (OTCPK:CTBK) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

5219 City Bank Parkway, Lubbock, TX, USA, 79407

Website

https://www.city.bank

City Bank is engaged in general commercial and retail banking, with an emphasis on small and medium-sized businesses, construction lending for single-family residences and home mortgage lending.

City Bank (City Bank) Headlines

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