Qingdao Rural Commercial Bank (SZSE:002958) Accounts Payable & Accrued Expense : ¥2,158 Mil (As of Mar. 2024)

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What is Qingdao Rural Commercial Bank Accounts Payable & Accrued Expense?

Qingdao Rural Commercial Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,264 Mil) to Dec. 2023 (¥2,285 Mil) but then declined from Dec. 2023 (¥2,285 Mil) to Mar. 2024 (¥2,158 Mil).

Qingdao Rural Commercial Bank's annual accounts payable & accrued expense declined from Dec. 2021 (¥2,531 Mil) to Dec. 2022 (¥2,291 Mil) and declined from Dec. 2022 (¥2,291 Mil) to Dec. 2023 (¥2,285 Mil).

Qingdao Rural Commercial Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qingdao Rural Commercial Bank'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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Qingdao Rural Commercial Bank Accounts Payable & Accrued Expense Chart

Qingdao Rural Commercial Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,407.25

2,398.54

2,531.02

2,291.26

2,285.19

Qingdao Rural Commercial Bank 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															2,111.37	2,063.18	2,264.22	2,285.19	2,158.29

Qingdao Rural Commercial Bank 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.

Qingdao Rural Commercial Bank (SZSE:002958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Qingdao Rural Commercial Bank Corp (SZSE:002958) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 6, Qinling Road, Building 1, Laoshan District, Qingdao, Shandong, CHN, 266061

Website

http://www.qrcb.com.cn

Qingdao Rural Commercial Bank Corp provides commercial financial services. The company's services include personal business, international business, internet banking, and financial management.

Executives

Liu Zhong Sheng	Director
Li Chun Lei	Executives
Jiang Xiu Juan	Executives
Wang Jian Hua	Executives
Jiang Wei	Executives
Yuan Wen Bo	Executives
Liu Bing Bing	Director
Fan Yuan Zhao	Executives
Jia Cheng Gang	Directors, executives
Sui Gong Xin	Secretary Dong
Liu Zong Bo	Directors, executives
Ding Ming Lai	Executives
Li Qing Xiang	Supervisors

Qingdao Rural Commercial Bank (SZSE:002958) Headlines

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