Flight Centre Travel Group (Flight Centre Travel Group) Accounts Payable & Accrued Expense : $985 Mil (As of Dec. 2023)

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What is Flight Centre Travel Group Accounts Payable & Accrued Expense?

Flight Centre Travel Group's quarterly accounts payable & accrued expense increased from Dec. 2022 ($915 Mil) to Jun. 2023 ($1,131 Mil) but then declined from Jun. 2023 ($1,131 Mil) to Dec. 2023 ($985 Mil).

Flight Centre Travel Group's annual accounts payable & accrued expense increased from Jun. 2021 ($645 Mil) to Jun. 2022 ($986 Mil) and increased from Jun. 2022 ($986 Mil) to Jun. 2023 ($1,131 Mil).

Flight Centre Travel Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Flight Centre Travel Group'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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Flight Centre Travel Group Accounts Payable & Accrued Expense Chart

Flight Centre Travel Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1,054.06

830.24

644.64

985.51

1,130.60

Flight Centre Travel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															640.15	985.51	914.97	1,130.60	984.85

Flight Centre Travel Group 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.

Flight Centre Travel Group (Flight Centre Travel Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flight Centre Travel Group Ltd (OTCPK:FGETF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FLI:Germany FLT:Australia

Address

275 Grey Street, South Brisbane, Brisbane, QLD, AUS, 4101

Website

https://www.fctgl.com

Flight Centre Travel is one of the largest travel agencies in the world. It operates an large network of shops globally, most of them located in Australia, the United States, and Europe. The group operates across the whole spectrum of the travel services market, including leisure travel retailing, in-destination experiences, corporate travel arrangement, and youth travel retailing. The services are facilitated via some 40 brands, with Flight Centre being the flagship brand in the leisure segment and FCM Travel the key brand in the corporate.

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