CITIC (CTPCF) Accounts Payable & Accrued Expense : $64,626 Mil (As of Dec. 2023)

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What is CITIC Accounts Payable & Accrued Expense?

CITIC's quarterly accounts payable & accrued expense declined from Dec. 2022 ($67,745 Mil) to Jun. 2023 ($61,855 Mil) but then increased from Jun. 2023 ($61,855 Mil) to Dec. 2023 ($64,626 Mil).

CITIC's annual accounts payable & accrued expense increased from Dec. 2021 ($31,042 Mil) to Dec. 2022 ($67,745 Mil) but then declined from Dec. 2022 ($67,745 Mil) to Dec. 2023 ($64,626 Mil).

CITIC Accounts Payable & Accrued Expense Historical Data

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

CITIC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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25,110.26

27,104.84

31,042.05

67,745.41

64,625.71

CITIC Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															31,042.05	68,193.19	67,745.41	61,855.23	64,625.71

CITIC 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.

CITIC (CTPCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CITIC Ltd (OTCPK:CTPCF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CTPCY:USA 00267:Hong Kong CPF:Germany

Address

1 Tim Mei Avenue, 32nd Floor, CITIC Tower, Central, Hong Kong, HKG

Website

https://www.citic.com

CITIC Ltd is a Hong Kong-based investment holding company. The company's operating segment includes Comprehensive financial services; Advanced intelligent manufacturing; Advanced materials; New consumption and New-type urbanisation. It generates maximum revenue from the Comprehensive financial services segment. Geographically it derives a majority of its revenue from Mainland China.

CITIC (CTPCF) Headlines

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