China Banking (China Banking) Accounts Payable & Accrued Expense : $202.29 Mil (As of Dec. 2023)

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What is China Banking Accounts Payable & Accrued Expense?

China Banking's quarterly accounts payable & accrued expense increased from Jun. 2023 ($129.60 Mil) to Sep. 2023 ($154.47 Mil) and increased from Sep. 2023 ($154.47 Mil) to Dec. 2023 ($202.29 Mil).

China Banking's annual accounts payable & accrued expense increased from Dec. 2021 ($129.37 Mil) to Dec. 2022 ($177.33 Mil) and increased from Dec. 2022 ($177.33 Mil) to Dec. 2023 ($202.29 Mil).

China Banking Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Banking'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 Banking Accounts Payable & Accrued Expense Chart

China Banking Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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117.53

120.32

129.37

177.33

202.29

China Banking Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															177.33	144.78	129.60	154.47	202.29

China Banking 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 Banking (China Banking) Business Description

Industry

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

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Traded in Other Exchanges

CHIB:Philippines

Address

8745 Paseo de Roxas corner Villar Street, 15th Floor, China Bank Building, Makati City, PHL, 1226

Website

https://www.chinabank.ph

China Banking Corp is a commercial bank engaged in corporate and SME lending, retail loans including mortgage and auto loans, treasury and foreign exchange trading, trust and investment management, wealth management, cash management, and insurance products. The group has five business segments namely, Institutional Banking, Consumer Banking, Retail Banking Business, Financial Markets, and Others which include credit management, thrift banking business, operations and financial control, and other support services. The majority of the company's revenue comes from the Retail Banking Business.

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