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gategroup Holding AG (gategroup Holding AG) Accounts Payable & Accrued Expense

: $425.20 Mil (As of Dec. 2019)
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gategroup Holding AG's quarterly accounts payable & accrued expense increased from Dec. 2017 ($435.56 Mil) to Dec. 2018 ($452.47 Mil) but then declined from Dec. 2018 ($452.47 Mil) to Dec. 2019 ($425.20 Mil).

gategroup Holding AG's annual accounts payable & accrued expense increased from Dec. 2017 ($435.56 Mil) to Dec. 2018 ($452.47 Mil) but then declined from Dec. 2018 ($452.47 Mil) to Dec. 2019 ($425.20 Mil).


gategroup Holding AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for gategroup Holding AG'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.

gategroup Holding AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Payable & Accrued Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 233.14 263.10 435.56 452.47 425.20

gategroup Holding AG Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
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 233.14 263.10 435.56 452.47 425.20

gategroup Holding AG 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.


gategroup Holding AG (gategroup Holding AG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sagereistrasse 20, Glattbrugg, CHE, CH-8152
gategroup Holding AG is engaged in the operation of airline catering and provision of related services in Switzerland. It provides airline catering, retail and technology services, onboard service equipment, and supply chain and logistics solutions. Its segments include EMEA, North America, Latin America and Asia Pacific regions.

gategroup Holding AG (gategroup Holding AG) Headlines

From GuruFocus

David Herro Comments on gategroup Holding AG

By Vera Yuan Vera Yuan 01-09-2015