Hertz Global Holdings (Hertz Global Holdings) Accounts Payable & Accrued Expense : $2,194 Mil (As of Mar. 2024)

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What is Hertz Global Holdings Accounts Payable & Accrued Expense?

Hertz Global Holdings's quarterly accounts payable & accrued expense declined from Sep. 2023 ($1,901 Mil) to Dec. 2023 ($1,718 Mil) but then increased from Dec. 2023 ($1,718 Mil) to Mar. 2024 ($2,194 Mil).

Hertz Global Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($1,592 Mil) to Dec. 2022 ($1,738 Mil) but then declined from Dec. 2022 ($1,738 Mil) to Dec. 2023 ($1,718 Mil).

Hertz Global Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hertz Global Holdings'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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Hertz Global Holdings Accounts Payable & Accrued Expense Chart

Hertz Global Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,125.00

1,298.00

1,592.00

1,738.00

1,718.00

Hertz Global Holdings 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															1,819.00	2,131.00	1,901.00	1,718.00	2,194.00

Hertz Global Holdings 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.

Hertz Global Holdings (Hertz Global Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hertz Global Holdings Inc (NAS:HTZ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HTZWW:USA HTZ1:Mexico AZK0:Germany AZK0:Germany

Address

8501 Williams Road, Estero, FL, USA, 33928

Website

https://www.hertz.com

Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees.

Executives

Kelly Galloway	officer: SVP, Chief Accounting Officer	8501 WILLIAMS ROAD, ESTERO FL 33928
Eric Leef	officer: EVP, Chief HR Officer	8501 WILLIAMS ROAD, ESTERO FL 33928
Jeffrey Nedelman	director	8501 WILLIAMS ROAD, ESTERO FL 33928
Fran Bermanzohn	director	9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Batcheler Colleen	officer: EVP, General Counsel and Secy	ONE CONAGRA DRIVE, OMAHA NE 68102
Stephen M Scherr	director, officer: Chief Executive Officer	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Tim Langley-hawthorne	officer: EVP, Tech & CIO	8501 WILLIAMS ROAD, ESTERO FL 33928
Evelina Vougessis Machas	director	8501 WILLIAMS ROAD, ESTERO FL 33928
Jennifer Feikin	director	8501 WILLIAMS ROAD, ESTERO FL 33928
Christopher Lahoud	director	APOLLO, 212 ROSECRANS AVE., EL SEGUNDO CA 90245
Andrew Shannahan	director	8501 WILLIAMS ROAD, ESTERO FL 33928
Mark Fields	director	FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Ck Amarillo Gp, Llc	10 percent owner	C/O KNIGHTHEAD CAPITAL MANAGEMENT, LLC, 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017
Certares Opportunities Llc	10 percent owner	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Ck Amarillo Lp	10 percent owner	C/O KNIGHTHEAD CAPITAL MANAGEMENT, LLC, 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017