LATAM Airlines Group (LATAM Airlines Group) Accounts Payable & Accrued Expense : $1,920 Mil (As of Dec. 2023)

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What is LATAM Airlines Group Accounts Payable & Accrued Expense?

LATAM Airlines Group's quarterly accounts payable & accrued expense increased from Jun. 2023 ($1,704 Mil) to Sep. 2023 ($1,777 Mil) and increased from Sep. 2023 ($1,777 Mil) to Dec. 2023 ($1,920 Mil).

LATAM Airlines Group's annual accounts payable & accrued expense declined from Dec. 2021 ($5,398 Mil) to Dec. 2022 ($1,604 Mil) but then increased from Dec. 2022 ($1,604 Mil) to Dec. 2023 ($1,920 Mil).

LATAM Airlines Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for LATAM Airlines 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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LATAM Airlines Group Accounts Payable & Accrued Expense Chart

LATAM Airlines Group Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,287.00

2,252.51

5,398.24

1,604.30

1,919.77

LATAM Airlines Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,604.30	1,673.17	1,703.90	1,777.18	1,919.77

LATAM Airlines 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.

LATAM Airlines Group (LATAM Airlines Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LATAM Airlines Group SA (OTCPK:LTMAY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LFL:Germany LTM:Chile

Address

Avenida Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL

Website

https://www.latamairlinesgroup.net

LATAM Airlines Group SA operates as a passenger airline group. Geographically, the company operates in Brazil, Chile, Colombia, Ecuador, and Peru, along with international operations within Latin America and to Europe, the US, and the Caribbean. The firm generates its revenue from transporting passengers and cargo.