Bank of Qingdao Co (HKSE:03866) Accounts Payable & Accrued Expense : HK$12,326 Mil (As of Mar. 2024)

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

Bank of Qingdao Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (HK$10,559 Mil) to Dec. 2023 (HK$12,378 Mil) but then declined from Dec. 2023 (HK$12,378 Mil) to Mar. 2024 (HK$12,326 Mil).

Bank of Qingdao Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$7,861 Mil) to Dec. 2022 (HK$9,732 Mil) and increased from Dec. 2022 (HK$9,732 Mil) to Dec. 2023 (HK$12,378 Mil).

Bank of Qingdao Co Accounts Payable & Accrued Expense Historical Data

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

Bank of Qingdao Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,563.17

8,659.15

7,861.03

9,732.09

12,377.81

Bank of Qingdao Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,796.46	10,897.62	10,559.36	12,377.81	12,326.04

Bank of Qingdao 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 Qingdao Co (HKSE:03866) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Qingdao Co Ltd (HKSE:03866) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

4BQ:Germany 002948:China

Address

No. 6 Qinling Road, Building 3, Laoshan District, Shandong Province, Qingdao, CHN, 266061

Website

https://www.qdccb.com

Bank of Qingdao Co Ltd is engaged in the banking business. Its main segments include corporate banking, retail banking, and financial market business. The corporate banking segment offers financial products and services to corporations, government agencies, and financial institutions. The retail banking segments comprise personal loans and deposit services, whereas the financial market business covers inter-bank money market transactions, repurchases transactions, investments in debt securities, and non-standardized debt investments, and others. It generates most of its revenue from the corporate business segment.

Executives

Qing Dao Guo Xin Jin Rong Kong Gu You Xian Gong Si	2101 Beneficial owner
Guo Xin Zheng Quan Gu Fen You Xian Gong Si Dai Guo Xin Zheng Quan Hui Cheng Hao Dan Yi Zi Chan Guan
Ji Nan Xian Xing Tou Zi Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
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Bank of Qingdao Co (HKSE:03866) Headlines

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