Industrial Bank Co (SHSE:601166) Accounts Payable & Accrued Expense : ¥39,999 Mil (As of Mar. 2024)

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What is Industrial Bank Co Accounts Payable & Accrued Expense?

Industrial Bank Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥40,152 Mil) to Dec. 2023 (¥39,723 Mil) but then increased from Dec. 2023 (¥39,723 Mil) to Mar. 2024 (¥39,999 Mil).

Industrial Bank Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥37,550 Mil) to Dec. 2022 (¥43,517 Mil) but then declined from Dec. 2022 (¥43,517 Mil) to Dec. 2023 (¥39,723 Mil).

Industrial Bank Co Accounts Payable & Accrued Expense Historical Data

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

Industrial Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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32,214.00

32,508.00

37,550.00

43,517.00

39,723.00

Industrial 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															40,619.00	41,457.00	40,152.00	39,723.00	39,999.00

Industrial 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.

Industrial Bank Co (SHSE:601166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial Bank Co Ltd (SHSE:601166) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 154 Hudong Road, Zhongshan Tower, Fujian, Fuzhou, CHN, 350003

Website

http://www.cib.com.cn

Industrial Bank Co Ltd is a joint-stock commercial bank. Its services include taking deposits; granting short, middle and long-term loan; handle domestic and overseas settlement; handle documents acceptance and discount; among others.

Executives

Bao Luo Xi Er	Director
Lai Fu Rong	Supervisors
Li Wei Min	Directors, senior managers
Chen Jin Guang	Directors, senior managers
Jiang Yun Ming	Supervisors
Tao Yi Ping	Directors, senior managers
Lin Hua	Director
Sun Xiong Peng	senior management
Chen Xin Jian	Directors, senior managers
Lin Teng Jiao	Director
Xia Da Wei	Supervisors
Xue He Feng	senior management
Li Jian	Supervisors
Lin Zhang Yi	senior management

Industrial Bank Co (SHSE:601166) Headlines

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