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Copart (Copart) Accounts Payable & Accrued Expense

: $479 Mil (As of Jan. 2024)
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Copart's quarterly accounts payable & accrued expense increased from Jul. 2023 ($256 Mil) to Oct. 2023 ($575 Mil) but then declined from Oct. 2023 ($575 Mil) to Jan. 2024 ($479 Mil).

Copart's annual accounts payable & accrued expense increased from Jul. 2021 ($222 Mil) to Jul. 2022 ($230 Mil) and increased from Jul. 2022 ($230 Mil) to Jul. 2023 ($256 Mil).


Copart Accounts Payable & Accrued Expense Historical Data

The historical data trend for Copart'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.

* Premium members only.

Copart Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Payable & Accrued Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 159.58 191.17 221.53 229.90 255.79

Copart Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Payable & Accrued Expense 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 Premium Member Only Premium Member Only Premium Member Only 443.09 460.00 255.79 575.31 478.60

Copart 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.


Copart (Copart) Business Description

Industry
Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254
Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.
Executives
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Willis J Johnson director, 10 percent owner, officer: Chairman of the Board
Stephen Fisher director C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE X1 95125
Matt Blunt director C/O COPART, INC., 4665 BUSINESS CENTER DRIVE, FAIRFIELD CA 94534
A Jayson Adair director, officer: Chief Executive Officer
Steven D Cohan director
James E Meeks director
Thomas N Tryforos director 323 RAILROAD AVE, GREENWICH CT 06830
Leah C Stearns officer: Chief Financial Officer C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Diane M Morefield director 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Carl Sparks director 4315 NORTHAVEN ROAD, DALLAS TX 75229
Jeffrey Liaw officer: Chief Financial Officer 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Cherylyn Harley Lebon director C/O COPART, INC., 14185 DALLAS PARKWAY, SUITE 300, DALLAS TX 75254
John F North officer: Chief Financial Officer 150 N. BARTLETT STREET, MEDFORD OR 97501
William E Franklin officer: Executive Vice President 3399 PEACHTREE RD NE STE 700, ATLANTA GA 30326

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