Commercial Bank of Dubai PSC (DFM:CBD) Accounts Payable & Accrued Expense : د.إ1,805 Mil (As of Mar. 2024)

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What is Commercial Bank of Dubai PSC Accounts Payable & Accrued Expense?

Commercial Bank of Dubai PSC's quarterly accounts payable & accrued expense increased from Sep. 2023 (د.إ1,423 Mil) to Dec. 2023 (د.إ1,708 Mil) and increased from Dec. 2023 (د.إ1,708 Mil) to Mar. 2024 (د.إ1,805 Mil).

Commercial Bank of Dubai PSC's annual accounts payable & accrued expense increased from Dec. 2021 (د.إ648 Mil) to Dec. 2022 (د.إ936 Mil) and increased from Dec. 2022 (د.إ936 Mil) to Dec. 2023 (د.إ1,708 Mil).

Commercial Bank of Dubai PSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Commercial Bank of Dubai PSC'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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Commercial Bank of Dubai PSC Accounts Payable & Accrued Expense Chart

Commercial Bank of Dubai PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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780.01

886.27

648.43

935.91

1,708.40

Commercial Bank of Dubai PSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,081.52	1,254.75	1,422.58	1,708.40	1,804.71

Commercial Bank of Dubai PSC 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.

Commercial Bank of Dubai PSC (DFM:CBD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial Bank of Dubai PSC (DFM:CBD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Al Ittihad Street, P.O. Box 2668, Dubai, ARE

Website

http://www.cbd.ae

Commercial Bank of Dubai PSC is a banking firm operating in the United Arab Emirates. The company's operating segments include Institutional banking, Corporate banking, Personal banking, and Trading and Other. It generates maximum revenue from the Corporate banking segment. The company services include a current account, savings account, and deposits. Its borrowing services comprise personal loans, home loans, car loans, and credit card facilities of various types. Under its protection portfolio, the bank provides general insurance, life insurance and safe deposit services and its investment services include asset management, financial economy and international investment plans.

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