Banco Comercial Portugues (Banco Comercial Portugues) Accounts Payable & Accrued Expense : $1,255 Mil (As of Dec. 2023)

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What is Banco Comercial Portugues Accounts Payable & Accrued Expense?

Banco Comercial Portugues's quarterly accounts payable & accrued expense increased from Jun. 2023 ($919 Mil) to Sep. 2023 ($968 Mil) and increased from Sep. 2023 ($968 Mil) to Dec. 2023 ($1,255 Mil).

Banco Comercial Portugues's annual accounts payable & accrued expense increased from Dec. 2021 ($680 Mil) to Dec. 2022 ($830 Mil) and increased from Dec. 2022 ($830 Mil) to Dec. 2023 ($1,255 Mil).

Banco Comercial Portugues Accounts Payable & Accrued Expense Historical Data

The historical data trend for Banco Comercial Portugues'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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Banco Comercial Portugues Accounts Payable & Accrued Expense Chart

Banco Comercial Portugues Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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784.67

764.61

679.92

829.83

1,254.99

Banco Comercial Portugues 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															829.83	797.16	918.84	967.92	1,254.99

Banco Comercial Portugues 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.

Banco Comercial Portugues (Banco Comercial Portugues) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Comercial Portugues SA (OTCPK:BPCGF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

BCP:Portugal BCPu:UK 0RJN:UK BCPN:Germany

Address

Praca D. Joao I, 28, Porto, PRT, 4000-295

Website

https://ind.millenniumbcp.pt

Banco Comercial Portugues SA or Millennium BCP, is a Portuguese bank operating primarily in Portugal, as well as Poland, Mozambique, and Angola. The bank offers a wide range of retail and corporate banking products and services. The bank's distribution network includes traditional branches, as well as online banking, call centers, mobile banking, ATMs, and point of sale systems. In addition to its emphasis on financial technology, BCP's business model has shifted focus to high-net worth individuals, business lending with growth potential, as well as divestiture of noncore assets in its portfolio. The bank's net revenue is mostly net interest income, with notable net commission and net trading income. Most of BCP's earning assets are loans split nearly evenly between retail and corporate.