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Copart (BSP:C1PR34) Accounts Payable & Accrued Expense : R$2,638 Mil (As of Apr. 2024)


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What is Copart Accounts Payable & Accrued Expense?

Copart's quarterly accounts payable & accrued expense declined from Oct. 2023 (R$2,909 Mil) to Jan. 2024 (R$2,354 Mil) but then increased from Jan. 2024 (R$2,354 Mil) to Apr. 2024 (R$2,638 Mil).

Copart's annual accounts payable & accrued expense increased from Jul. 2021 (R$1,143 Mil) to Jul. 2022 (R$1,234 Mil) but then declined from Jul. 2022 (R$1,234 Mil) to Jul. 2023 (R$1,228 Mil).


Copart Accounts Payable & Accrued Expense Historical Data

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

Copart Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 602.97 1,008.11 1,143.33 1,234.13 1,227.94

Copart Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 2,309.89 1,227.94 2,908.70 2,353.83 2,637.76

Copart 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.


Copart (BSP:C1PR34) Business Description

Industry
Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254
Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.

Copart (BSP:C1PR34) Headlines

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