Commerzbank AG (Commerzbank AG) Accounts Payable & Accrued Expense : $643 Mil (As of Dec. 2023)

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What is Commerzbank AG Accounts Payable & Accrued Expense?

Commerzbank AG's quarterly accounts payable & accrued expense declined from Jun. 2023 ($769 Mil) to Sep. 2023 ($603 Mil) but then increased from Sep. 2023 ($603 Mil) to Dec. 2023 ($643 Mil).

Commerzbank AG's annual accounts payable & accrued expense increased from Dec. 2021 ($687 Mil) to Dec. 2022 ($961 Mil) but then declined from Dec. 2022 ($961 Mil) to Dec. 2023 ($643 Mil).

Commerzbank AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Commerzbank AG'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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Commerzbank AG Accounts Payable & Accrued Expense Chart

Commerzbank AG Annual Data

Trend

Dec14

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Dec18

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Dec23

Accounts Payable & Accrued Expense

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565.56

613.14

687.01

960.81

643.40

Commerzbank AG 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															960.81	926.12	769.23	602.99	643.40

Commerzbank AG 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.

Commerzbank AG (Commerzbank AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commerzbank AG (OTCPK:CRZBF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CRZBY:USA CBKN:Romania CBK:Italy COMMERZBANK:Hungary CBKd:UK 0RLW:UK CBK:Germany

Address

Kaiserplatz, Frankfurt, HE, DEU, 60261

Website

https://www.commerzbank.com

Commerzbank operates primarily in Europe. Germany contributes about 70% to total income. The bank operates two business segments: private and small-business customers as well as corporate clients. In its private and small-business segment, the group runs its branch business, a mobile bank with a focus on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large corporates.

Commerzbank AG (Commerzbank AG) Headlines

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