Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Accounts Payable & Accrued Expense : $450 Mil (As of Dec. 2023)

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What is Gol Linhas Aereas Inteligentes Accounts Payable & Accrued Expense?

Gol Linhas Aereas Inteligentes's quarterly accounts payable & accrued expense declined from Jun. 2023 ($626 Mil) to Sep. 2023 ($602 Mil) and declined from Sep. 2023 ($602 Mil) to Dec. 2023 ($450 Mil).

Gol Linhas Aereas Inteligentes's annual accounts payable & accrued expense increased from Dec. 2021 ($410 Mil) to Dec. 2022 ($597 Mil) but then declined from Dec. 2022 ($597 Mil) to Dec. 2023 ($450 Mil).

Gol Linhas Aereas Inteligentes Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes'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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Gol Linhas Aereas Inteligentes Accounts Payable & Accrued Expense Chart

Gol Linhas Aereas Inteligentes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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573.34

392.80

409.67

597.43

450.09

Gol Linhas Aereas Inteligentes 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															597.43	583.20	625.65	602.41	450.09

Gol Linhas Aereas Inteligentes 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.

Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gol Linhas Aereas Inteligentes SA (OTCPK:GOLLQ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

GOQN:Germany GOLL4:Brazil

Address

S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020

Website

https://www.voegol.com.br

Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.