Wells Fargo (Wells Fargo) Accounts Payable & Accrued Expense : $71,210.00 Mil (As of Dec. 2023)

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What is Wells Fargo Accounts Payable & Accrued Expense?

Wells Fargo's quarterly accounts payable & accrued expense declined from Jun. 2023 ($73,466.00 Mil) to Sep. 2023 ($66,050.00 Mil) but then increased from Sep. 2023 ($66,050.00 Mil) to Dec. 2023 ($71,210.00 Mil).

Wells Fargo's annual accounts payable & accrued expense declined from Dec. 2021 ($70,957.00 Mil) to Dec. 2022 ($69,056.00 Mil) but then increased from Dec. 2022 ($69,056.00 Mil) to Dec. 2023 ($71,210.00 Mil).

Wells Fargo Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wells Fargo'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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Wells Fargo Accounts Payable & Accrued Expense Chart

Wells Fargo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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75,163.00

74,360.00

70,957.00

69,056.00

71,210.00

Wells Fargo 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															69,181.00	73,466.00	66,050.00	71,210.00	-

Wells Fargo 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.

Wells Fargo (Wells Fargo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wells Fargo & Co (NYSE:WFCpR.PFD) » Definitions » Accounts Payable & Accrued Expense

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Address

420 Montgomery Street, San Francisco, CA, USA, 94104

Website

https://www.wellsfargo.com

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.