BOC Hong Kong Holdings (BOC Hong Kong Holdings) Accounts Payable & Accrued Expense : $11,142 Mil (As of Dec. 2023)

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What is BOC Hong Kong Holdings Accounts Payable & Accrued Expense?

BOC Hong Kong Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 ($9,270 Mil) to Jun. 2023 ($13,248 Mil) but then declined from Jun. 2023 ($13,248 Mil) to Dec. 2023 ($11,142 Mil).

BOC Hong Kong Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($10,844 Mil) to Dec. 2022 ($9,270 Mil) but then increased from Dec. 2022 ($9,270 Mil) to Dec. 2023 ($11,142 Mil).

BOC Hong Kong Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for BOC Hong Kong Holdings'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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BOC Hong Kong Holdings Accounts Payable & Accrued Expense Chart

BOC Hong Kong Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11,043.50

9,373.32

10,843.83

9,270.30

11,141.90

BOC Hong Kong Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10,843.83	17,979.38	9,270.30	13,247.93	11,141.90

BOC Hong Kong Holdings 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.

BOC Hong Kong Holdings (BOC Hong Kong Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BOC Hong Kong Holdings Ltd (OTCPK:BHKLY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

BNKHF:USA 02388:Hong Kong BOF:Germany

Address

1 Garden Road, 53rd Floor, Bank of China Tower, Hong Kong, HKG

Website

https://www.bochk.com

Bank of China Hong Kong, or BOCHK, is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in terms of loan and deposit market shares. Although BOCHK is legally separate from Bank of China, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOCHK.

BOC Hong Kong Holdings (BOC Hong Kong Holdings) Headlines

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