Royal Caribbean Group (Royal Caribbean Group) Accounts Payable & Accrued Expense : $2,270 Mil (As of Dec. 2023)

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What is Royal Caribbean Group Accounts Payable & Accrued Expense?

Royal Caribbean Group's quarterly accounts payable & accrued expense declined from Jun. 2023 ($2,084 Mil) to Sep. 2023 ($1,926 Mil) but then increased from Sep. 2023 ($1,926 Mil) to Dec. 2023 ($2,270 Mil).

Royal Caribbean Group's annual accounts payable & accrued expense increased from Dec. 2021 ($1,686 Mil) to Dec. 2022 ($2,106 Mil) and increased from Dec. 2022 ($2,106 Mil) to Dec. 2023 ($2,270 Mil).

Royal Caribbean Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Royal Caribbean 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.

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Royal Caribbean Group Accounts Payable & Accrued Expense Chart

Royal Caribbean Group Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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1,712.14

1,221.84

1,685.53

2,106.00

2,270.00

Royal Caribbean Group 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															2,106.00	1,915.43	2,083.56	1,926.24	2,270.00

Royal Caribbean 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.

Royal Caribbean Group (Royal Caribbean Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Caribbean Group (NYSE:RCL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RCL:Mexico RC8:Germany RC8:Germany R1CL34:Brazil

Address

1050 Caribbean Way, Miami, FL, USA, 33132

Website

https://www.rclcorporate.com

Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.

Executives

Arne Alexander Wilhelmsen	director	ANDERS WILHELMSEN & CO. AS, BEDDINGEN 8, AKER BRYGGE, OSLO Q8 NO-0118
Harri U Kulovaara	officer: EVP, Maritime	ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Michael W Bayley	officer: EVP, International	ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Laura H Bethge	officer: President, Celebrity Cruises	1050 CARIBBEAN WAY, MIAMI FL 33132
Maritza Gomez Montiel	director	C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Henry L Pujol	officer: Vice President, Controller	ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Naftali Holtz	officer: Chief Financial Officer	1050 CARIBBEAN WAY, MIAMI FL 33132
Robert Alexander Lake	officer: SVP, CLO, Secretary & CCO	C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178
Jason T Liberty	officer: President and CEO	GATE NO 4, PLANT 10 / 11 GODREJ & BOYCE, PIROJSHANAGAR, LBS MARG, VIKHROLI (WEST), MUMBAI, MAHARASHTRA K7 400079
Rebecca Yeung	director	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Vagn O Sorensen	director	ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Michael O Leavitt	director	LEAVITT PARTNERS LLC, 299 SOUTH MAIN STREET STE 2300, SALT LAKE CITY X1 84111
Lisa Lutoff-perlo	officer: EVP, Operations, RCI	1050 CARIBBEAN WAY, MIAMI FL 33132
Bradley H Stein	officer: SVP, GC & Chief Compliance Off	1050 CARIBBEAN WAY, MIAMI FL 33132
Roberto Martinoli	officer: Pres & CEO, Silversea Cruises	1050 CARIBBEAN WAY, MIAMI FL 33132