Cathay Pacific Airways (HKSE:00293) Accounts Payable & Accrued Expense : HK$19,325 Mil (As of Dec. 2023)

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What is Cathay Pacific Airways Accounts Payable & Accrued Expense?

Cathay Pacific Airways's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$15,005 Mil) to Jun. 2023 (HK$17,877 Mil) and increased from Jun. 2023 (HK$17,877 Mil) to Dec. 2023 (HK$19,325 Mil).

Cathay Pacific Airways's annual accounts payable & accrued expense increased from Dec. 2021 (HK$12,860 Mil) to Dec. 2022 (HK$15,005 Mil) and increased from Dec. 2022 (HK$15,005 Mil) to Dec. 2023 (HK$19,325 Mil).

Cathay Pacific Airways Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cathay Pacific Airways'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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Cathay Pacific Airways Accounts Payable & Accrued Expense Chart

Cathay Pacific Airways Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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19,646.00

13,042.00

12,860.00

15,005.00

19,325.00

Cathay Pacific Airways 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	Get a 7-Day Free Trial															12,860.00	12,700.00	15,005.00	17,877.00	19,325.00

Cathay Pacific Airways 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.

Cathay Pacific Airways (HKSE:00293) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cathay Pacific Airways Ltd (HKSE:00293) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

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CPCAY:USA CPCAF:USA CTY:Germany

Address

88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG

Website

https://www.cathaypacific.com

Cathay Pacific Airways is the largest airline group in Hong Kong. It operated a fleet of 222 aircraft as of December 2022 and carried more than 35 million passengers in 2019. Its route network extends to 119 destinations in 35 countries. The group operates the full-service airline Cathay Pacific and the low-cost carrier HK Express. It also runs the cargo carrier Air Hong Kong.

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