El AL Israel Airlines (El AL Israel Airlines) Accounts Payable & Accrued Expense : $324 Mil (As of Dec. 2023)

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What is El AL Israel Airlines Accounts Payable & Accrued Expense?

El AL Israel Airlines's quarterly accounts payable & accrued expense declined from Jun. 2023 ($323 Mil) to Sep. 2023 ($322 Mil) but then increased from Sep. 2023 ($322 Mil) to Dec. 2023 ($324 Mil).

El AL Israel Airlines's annual accounts payable & accrued expense increased from Dec. 2021 ($166 Mil) to Dec. 2022 ($262 Mil) and increased from Dec. 2022 ($262 Mil) to Dec. 2023 ($324 Mil).

El AL Israel Airlines Accounts Payable & Accrued Expense Historical Data

The historical data trend for El AL Israel Airlines'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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El AL Israel Airlines Accounts Payable & Accrued Expense Chart

El AL Israel Airlines Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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244.75

185.18

166.10

261.50

323.80

El AL Israel Airlines 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															261.50	305.78	323.02	321.91	323.80

El AL Israel Airlines 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.

El AL Israel Airlines (El AL Israel Airlines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » El AL Israel Airlines Ltd (OTCPK:ELALF) » Definitions » Accounts Payable & Accrued Expense

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ELAL:Israel

Address

PO Box 41, Ben Gurion Airport, Lod, ISR, 7015001

Website

http://www.elal.co.il

El AL Israel Airlines Ltd is an international airline company which provides air transportation of passengers and cargo in Israel and overseas, by means of passenger aircraft and cargo aircraft. The company's passenger aircraft mainly operate scheduled flights as well as charter flights. The group is engaged in activities related to the air transport operations, such as the sale of duty-free products, food production, and supply mainly to the company's aircraft, providing security services, ongoing maintenance services and overall maintenance services to aircraft of other airlines at Ben Gurion Airport, and managing travel agencies abroad. The reporting segments of the company are air transport on passenger aircraft, and air transport on cargo plane.