Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Accounts Payable & Accrued Expense : $683 Mil (As of Dec. 2023)

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What is Controladora Vuela Compania de AviacionB de CV Accounts Payable & Accrued Expense?

Controladora Vuela Compania de AviacionB de CV's quarterly accounts payable & accrued expense increased from Jun. 2023 ($665 Mil) to Sep. 2023 ($713 Mil) but then declined from Sep. 2023 ($713 Mil) to Dec. 2023 ($683 Mil).

Controladora Vuela Compania de AviacionB de CV's annual accounts payable & accrued expense increased from Dec. 2021 ($429 Mil) to Dec. 2022 ($615 Mil) and increased from Dec. 2022 ($615 Mil) to Dec. 2023 ($683 Mil).

Controladora Vuela Compania de AviacionB de CV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV'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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Controladora Vuela Compania de AviacionB de CV Accounts Payable & Accrued Expense Chart

Controladora Vuela Compania de AviacionB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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337.64

348.96

428.51

615.09

683.00

Controladora Vuela Compania de AviacionB de CV 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															615.09	699.00	665.00	713.00	683.00

Controladora Vuela Compania de AviacionB de CV 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.

Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Controladora Vuela Compania de Aviacion SAB de CV (NYSE:VLRS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VOLARA:Mexico 2CDA:Germany

Address

Av. Antonio Dovali Jaime Number 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico, DF, MEX, 01210

Website

https://www.volaris.com

Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central and South America. It currently operates up to 500 average daily flight segments on routes that connect 44 cities in Mexico as well as 22 cities in the United States, four in Central America and two in South America. It uses promotional fares to stimulate demand and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger revenues and cargo services.