Ping An Bank Co (SZSE:000001) Accounts Payable & Accrued Expense : ¥25,366 Mil (As of Mar. 2024)

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What is Ping An Bank Co Accounts Payable & Accrued Expense?

Ping An Bank Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥24,716 Mil) to Dec. 2023 (¥26,569 Mil) but then declined from Dec. 2023 (¥26,569 Mil) to Mar. 2024 (¥25,366 Mil).

Ping An Bank Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥29,780 Mil) to Dec. 2022 (¥33,245 Mil) but then declined from Dec. 2022 (¥33,245 Mil) to Dec. 2023 (¥26,569 Mil).

Ping An Bank Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ping An Bank 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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Ping An Bank Co Accounts Payable & Accrued Expense Chart

Ping An Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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26,249.00

28,403.00

29,780.00

33,245.00

26,569.00

Ping An Bank Co 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															30,961.00	22,354.00	24,716.00	26,569.00	25,366.00

Ping An Bank 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.

Ping An Bank Co (SZSE:000001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ping An Bank Co Ltd (SZSE:000001) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

5047 East Shennan Road, Board Office of Ping On Bank, Guangdong, Shenzhen, CHN, 518001

Website

http://www.bank.pingan.com

Ping An Bank is a leading nationwide joint-stock commercial bank with headquarters in Shenzhen. Its parent, Ping An Group, the second-largest insurance company in China, owns about a 58% stake in Ping An Bank. The bank was formerly known as Shenzhen Development Bank and was merged with Ping An Bank in mid-2012. The bank offers a full range of commercial banking services, operating 91 branches and 1,058 outlets in China.

Ping An Bank Co (SZSE:000001) Headlines

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