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BKFCF (Bank of Communications Co) Accounts Payable & Accrued Expense : $4,013 Mil (As of Mar. 2025)


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What is Bank of Communications Co Accounts Payable & Accrued Expense?

Bank of Communications Co's quarterly accounts payable & accrued expense increased from Sep. 2024 ($2,550 Mil) to Dec. 2024 ($4,675 Mil) but then declined from Dec. 2024 ($4,675 Mil) to Mar. 2025 ($4,013 Mil).

Bank of Communications Co's annual accounts payable & accrued expense increased from Dec. 2022 ($3,665 Mil) to Dec. 2023 ($3,893 Mil) and increased from Dec. 2023 ($3,893 Mil) to Dec. 2024 ($4,675 Mil).


Bank of Communications Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bank of Communications 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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Bank of Communications Co Accounts Payable & Accrued Expense Chart

Bank of Communications Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,994.97 3,888.18 3,664.82 3,893.45 4,674.55

Bank of Communications Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,174.34 2,560.96 2,549.75 4,674.55 4,012.80

Bank of Communications 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.


Bank of Communications Co Business Description

Address
No.188, Yin Cheng Zhong Lu, Pilot Free Trade Zone, Pudong New District, Shanghai, CHN, 200120
Bank of Communications, or Bocom, is the only nationwide state-owned bank with its headquarters in Shanghai. As one of China's four oldest banks, Bocom became China's first state-owned shareholding commercial bank in 1987. Today, Bocom is amid a strategic transformation, building itself into a global wealth-management bank with wide-ranging financial operations, including insurance, brokerage, trust, and asset management.It operates a comprehensive financial services platform that includes corporate finance, personal finance, and money market operations. Bocom is known for its strategic importance in the process of RMB internationalization, particularly with its role as one of the first banks involved in the Cross-Border Interbank Payment System, or CIPS.