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Galaxy Entertainment Group (Galaxy Entertainment Group) Accounts Payable & Accrued Expense

: $1,055 Mil (As of Dec. 2023)
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Galaxy Entertainment Group's quarterly accounts payable & accrued expense increased from Dec. 2022 ($778 Mil) to Jun. 2023 ($887 Mil) and increased from Jun. 2023 ($887 Mil) to Dec. 2023 ($1,055 Mil).

Galaxy Entertainment Group's annual accounts payable & accrued expense declined from Dec. 2021 ($807 Mil) to Dec. 2022 ($778 Mil) but then increased from Dec. 2022 ($778 Mil) to Dec. 2023 ($1,055 Mil).


Galaxy Entertainment Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Galaxy Entertainment Group'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.

Galaxy Entertainment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,061.57 768.88 806.89 778.49 1,054.67

Galaxy Entertainment Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 806.89 785.69 778.49 886.91 1,054.67

Galaxy Entertainment Group 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.


Galaxy Entertainment Group (Galaxy Entertainment Group) Business Description

Traded in Other Exchanges
Address
111 Connaught Road Central, 22nd Floor, Wing On Centre, Hong Kong, HKG
Galaxy Entertainment is one of six casino licenseholders in Macao. Its major properties include Starworld casino in the Macao Peninsula, and Galaxy Macau phases 1, 2 and 3 in Cotai, with a hotel capacity of approximately 5,564 rooms.

Galaxy Entertainment Group (Galaxy Entertainment Group) Headlines