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Citizens Bancshares (Citizens Bancshares) Accounts Payable & Accrued Expense : $5.01 Mil (As of Sep. 2016)


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What is Citizens Bancshares Accounts Payable & Accrued Expense?

Citizens Bancshares's quarterly accounts payable & accrued expense declined from Mar. 2016 ($5.00 Mil) to Jun. 2016 ($4.84 Mil) but then increased from Jun. 2016 ($4.84 Mil) to Sep. 2016 ($5.01 Mil).

Citizens Bancshares's annual accounts payable & accrued expense increased from Dec. 2013 ($4.19 Mil) to Dec. 2014 ($4.93 Mil) but then declined from Dec. 2014 ($4.93 Mil) to Dec. 2015 ($4.15 Mil).

Citizens Bancshares Accounts Payable & Accrued Expense Historical Data

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

Citizens Bancshares Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 5.57 4.19 4.93 4.15

Citizens Bancshares Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.76 4.15 5.00 4.84 5.01

Citizens Bancshares 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.

Citizens Bancshares (Citizens Bancshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Bancshares Corp (OTCPK:CZBS) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
230 Peachtree Street NW, Suite 2700, Atlanta, GA, USA, 30303
Website
https://www.ctbconnect.com
Citizens Bancshares Corp is a bank holding company. The company provides a range of commercial banking to individual and corporate customers through its subsidiary. The bank offers a range of commercial and consumer deposit accounts, including non-interest-bearing checking accounts, individual retirement accounts, time certificates of deposit and regular savings accounts. Citizens Bancshares engages in a range of lending activities, including consumer/installment loans, mortgage loans, home equity lines of credit, and construction loans and commercial loans.
Executives
Cynthia N Day director, officer: President & CEO 75 PIEDMONT AVE, ATLANTA GA 30303