BanColombia (BanColombia) Accounts Payable & Accrued Expense : $1,970 Mil (As of Dec. 2023)

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What is BanColombia Accounts Payable & Accrued Expense?

BanColombia's quarterly accounts payable & accrued expense increased from Jun. 2023 ($127 Mil) to Sep. 2023 ($219 Mil) and increased from Sep. 2023 ($219 Mil) to Dec. 2023 ($1,970 Mil).

BanColombia's annual accounts payable & accrued expense increased from Dec. 2021 ($1,186 Mil) to Dec. 2022 ($1,701 Mil) and increased from Dec. 2022 ($1,701 Mil) to Dec. 2023 ($1,970 Mil).

BanColombia Accounts Payable & Accrued Expense Historical Data

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

BanColombia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,210.99

1,138.86

1,185.88

1,701.20

1,970.32

BanColombia 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															1,701.20	231.17	126.67	218.70	1,970.32

BanColombia 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.

BanColombia (BanColombia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BanColombia SA (NYSE:CIB) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

BXK:Germany PFBCOLOM:Columbia BCOLOMBIA:Columbia

Address

Avenida Los Industriales, Carrera 48 No. 26-85, Medellin, COL

Website

https://www.grupobancolombia.com

BanColombia SA is a financial services company. A conglomerate of financial institutions, BanColombia offers a wide range of product offerings and financial services, including loans to small and midsize enterprises and governments, leasing, factoring, and asset management. The company's operations are in Colombia, Panama, Costa Rica, El Salvador, the United States of America, Puerto Rico, Bermuda, and Guatemala.