China Mobile (China Mobile) Accounts Payable & Accrued Expense : $52,714 Mil (As of Mar. 2024)

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What is China Mobile Accounts Payable & Accrued Expense?

China Mobile's quarterly accounts payable & accrued expense declined from Sep. 2023 ($55,411 Mil) to Dec. 2023 ($52,133 Mil) but then increased from Dec. 2023 ($52,133 Mil) to Mar. 2024 ($52,714 Mil).

China Mobile's annual accounts payable & accrued expense increased from Dec. 2021 ($36,323 Mil) to Dec. 2022 ($48,313 Mil) and increased from Dec. 2022 ($48,313 Mil) to Dec. 2023 ($52,133 Mil).

China Mobile Accounts Payable & Accrued Expense Historical Data

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

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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44,506.18

52,104.66

36,323.46

48,313.04

52,132.99

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	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															52,330.47	29,296.93	55,410.87	52,132.99	52,714.02

China Mobile 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.

China Mobile (China Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (NYSE:CHL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

941:Mexico 00941:Hong Kong CTM:Germany 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.