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Jet2 (DRTGF) Accounts Payable & Accrued Expense : $1,019 Mil (As of Sep. 2023)


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What is Jet2 Accounts Payable & Accrued Expense?

Jet2's quarterly accounts payable & accrued expense declined from Sep. 2022 ($748 Mil) to Mar. 2023 ($412 Mil) but then increased from Mar. 2023 ($412 Mil) to Sep. 2023 ($1,019 Mil).

Jet2's annual accounts payable & accrued expense increased from Mar. 2021 ($97 Mil) to Mar. 2022 ($287 Mil) and increased from Mar. 2022 ($287 Mil) to Mar. 2023 ($412 Mil).


Jet2 Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jet2'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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Jet2 Accounts Payable & Accrued Expense Chart

Jet2 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 285.90 453.47 96.81 286.96 411.53

Jet2 Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 317.72 286.96 748.25 411.53 1,018.94

Jet2 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.


Jet2 (DRTGF) Business Description

Industry
Traded in Other Exchanges
Address
Low Fare Finder House, Leeds Bradford Airport, Leeds, GBR, LS19 7TU
Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. It revenue through Package holidays and operates mainly in United Kingdom.

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