Chongqing Rural Commercial Bank Co (Chongqing Rural Commercial Bank Co) Accounts Payable & Accrued Expense : $981 Mil (As of Dec. 2023)

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What is Chongqing Rural Commercial Bank Co Accounts Payable & Accrued Expense?

Chongqing Rural Commercial Bank Co's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1,065 Mil) to Sep. 2023 ($859 Mil) but then increased from Sep. 2023 ($859 Mil) to Dec. 2023 ($981 Mil).

Chongqing Rural Commercial Bank Co's annual accounts payable & accrued expense increased from Dec. 2021 ($906 Mil) to Dec. 2022 ($1,120 Mil) but then declined from Dec. 2022 ($1,120 Mil) to Dec. 2023 ($981 Mil).

Chongqing Rural Commercial Bank Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chongqing Rural Commercial Bank Co'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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Chongqing Rural Commercial Bank Co Accounts Payable & Accrued Expense Chart

Chongqing Rural Commercial Bank Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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1,096.21

958.33

906.14

1,119.52

980.57

Chongqing Rural Commercial Bank Co Quarterly Data
	Sep17	Dec17	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	1,119.52	1,064.66	858.88	980.57

Chongqing Rural Commercial Bank Co 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.

Chongqing Rural Commercial Bank Co (Chongqing Rural Commercial Bank Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chongqing Rural Commercial Bank Co Ltd (OTCPK:CRCBY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

03618:Hong Kong C3B:Germany 601077:China

Address

1 Matheson Street, 31th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.cqrcb.com

Chongqing Rural Commercial Bank Co Ltd provides a range of banking and related services in China. The company operates in three segments: Corporate banking, which includes corporate loans, trade financing, deposit takings, financial leasing, and other services; Personal banking segment includes personal loans, deposit products, card business, personal wealth management services, and other services; and Financial market operations, which conducts money market or repurchase transactions and debt instruments investment. Its geographical segments are County and Urban.

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