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GXO (GXO Logistics) Accounts Payable & Accrued Expense : $1,976 Mil (As of Jun. 2024)


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What is GXO Logistics Accounts Payable & Accrued Expense?

GXO Logistics's quarterly accounts payable & accrued expense declined from Dec. 2023 ($1,675 Mil) to Mar. 2024 ($1,591 Mil) but then increased from Mar. 2024 ($1,591 Mil) to Jun. 2024 ($1,976 Mil).

GXO Logistics's annual accounts payable & accrued expense increased from Dec. 2021 ($1,622 Mil) to Dec. 2022 ($1,712 Mil) but then declined from Dec. 2022 ($1,712 Mil) to Dec. 2023 ($1,675 Mil).


GXO Logistics Accounts Payable & Accrued Expense Historical Data

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

GXO Logistics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 1,022.00 1,199.00 1,622.00 1,712.00 1,675.00

GXO Logistics Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,516.00 1,572.00 1,675.00 1,591.00 1,976.00

GXO Logistics 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.


GXO Logistics Business Description

Industry
Traded in Other Exchanges
Address
Two American Lane, Greenwich, CT, USA, 06831
GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it generates revenue from the United Kingdom, the United States, the Netherlands, France, Spain, Italy, and other countries, and derives the majority of its revenue from the United Kingdom.
Executives
Malcolm Wilson director, officer: Chief Executive Officer TWO AMERICAN LANE, GREENWICH CT 06831
Gena L Ashe director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Matthew J. Fassler director TWO AMERICAN LANE, GREENWICH CT 06831
S Jacobs Bradley director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Jacobs Private Equity, Llc director, 10 percent owner 350 ROUND HILL ROAD, GREENWICH CT 06831
Karlis Kirsis officer: Chief Legal Officer TWO AMERICAN LANE, GREENWICH CT 06831
Elizabeth Fogarty officer: Chief Communications Officer TWO AMERICAN LANE, GREENWICH CT 06831
Jason D Papastavrou director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Oren Shaffer director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Marlene M Colucci director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Maryclaire Hammond officer: Chief Human Resources Officer TWO AMERICAN LANE, GREENWICH CT 06831
Joli L. Gross director TWO AMERICAN LANE, GREENWICH CT 06831
Paul Blanchett officer: Chief Accounting Officer TWO AMERICAN LANE, GREENWICH CT 06831
Clare Chatfield director TWO AMERICAN LANE, GREENWICH CT 06831
Xpo Logistics, Inc. 10 percent owner FIVE AMERICAN LANE, GREENWICH CT 06831