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International Consolidated Airlines Group (International Consolidated Airlines Group) Accounts Payable & Accrued Expense : $6,361 Mil (As of Jun. 2023)


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What is International Consolidated Airlines Group Accounts Payable & Accrued Expense?

International Consolidated Airlines Group's quarterly accounts payable & accrued expense declined from Dec. 2022 ($4,713 Mil) to Mar. 2023 ($0 Mil) but then increased from Mar. 2023 ($0 Mil) to Jun. 2023 ($6,361 Mil).

International Consolidated Airlines Group's annual accounts payable & accrued expense increased from Dec. 2021 ($3,574 Mil) to Dec. 2022 ($4,713 Mil) and increased from Dec. 2022 ($4,713 Mil) to Dec. 2023 ($5,109 Mil).


International Consolidated Airlines Group Accounts Payable & Accrued Expense Historical Data

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

International Consolidated Airlines Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,040.00 3,023.11 3,574.01 4,712.92 5,109.05

International Consolidated Airlines Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 - 4,712.92 - 6,360.78 5,109.05

International Consolidated 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.


International Consolidated Airlines Group (International Consolidated Airlines Group) Business Description

Address
El Caserio, Iberia Zona Industrial No. 2, Camino de La Munoza, s/n, Madrid, ESP, 28042
International Consolidated Airlines Group SA is a European airline group flying under the British Airways, Iberia, Aer Lingus, and Vueling brands. The company carried 264 million passengers to its network of 185 destinations globally. The group's main airport hubs are London Heathrow, London Gatwick, Madrid, Barcelona, and Dublin. Geographically, it derives a majority of its revenue from the United Kingdom.

International Consolidated Airlines Group (International Consolidated Airlines Group) Headlines

From GuruFocus

UK Value: International Consolidated Airlines

By The City Letter 10-25-2021