Banco De Chile (Banco De Chile) Accounts Payable & Accrued Expense : $700 Mil (As of Dec. 2023)

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What is Banco De Chile Accounts Payable & Accrued Expense?

Banco De Chile's quarterly accounts payable & accrued expense increased from Jun. 2023 ($681 Mil) to Sep. 2023 ($718 Mil) but then declined from Sep. 2023 ($718 Mil) to Dec. 2023 ($700 Mil).

Banco De Chile's annual accounts payable & accrued expense declined from Dec. 2021 ($611 Mil) to Dec. 2022 ($605 Mil) but then increased from Dec. 2022 ($605 Mil) to Dec. 2023 ($700 Mil).

Banco De Chile Accounts Payable & Accrued Expense Historical Data

The historical data trend for Banco De Chile'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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Banco De Chile Accounts Payable & Accrued Expense Chart

Banco De Chile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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419.38

383.01

610.75

604.75

700.10

Banco De Chile 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															604.75	750.29	681.01	717.66	700.10

Banco De Chile 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.

Banco De Chile (Banco De Chile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Chile (NYSE:BCH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

G4RA:Germany CHILE:Chile

Address

Paseo Ahumada 251, Santiago, CHL

Website

https://www.bancochile.cl

Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.