Accor (WBO:AC) Accounts Payable & Accrued Expense : €1,132 Mil (As of Dec. 2023)

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What is Accor Accounts Payable & Accrued Expense?

Accor's quarterly accounts payable & accrued expense declined from Dec. 2022 (€1,107 Mil) to Jun. 2023 (€463 Mil) but then increased from Jun. 2023 (€463 Mil) to Dec. 2023 (€1,132 Mil).

Accor's annual accounts payable & accrued expense increased from Dec. 2021 (€809 Mil) to Dec. 2022 (€1,107 Mil) and increased from Dec. 2022 (€1,107 Mil) to Dec. 2023 (€1,132 Mil).

Accor Accounts Payable & Accrued Expense Historical Data

The historical data trend for Accor'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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Accor Accounts Payable & Accrued Expense Chart

Accor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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858.00

663.00

809.00

1,107.00

1,132.00

Accor 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															809.00	467.00	1,107.00	463.00	1,132.00

Accor 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.

Accor (WBO:AC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Accor SA (WBO:AC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ACRFF:USA ACCYY:USA ACC:Mexico ACp:UK 0H59:UK AC:France ACR:Germany

Address

82, Rue Henri Farman, Tour Sequana, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://group.accor.com

Accor operates 812,425 rooms across 46 brands addressing the economy through luxury segments, as of Sept. 30, 2023. Ibis (economy scale) is the largest brand (37% of total rooms at the end of 2022), followed by mid scale brands Mercure (16%) and Novotel (14%). FRHI offers additional luxury and North American exposure. After the sale of the majority of HotelInvest (owned assets) in 2018-19, the majority of total EBITDA comes from asset-light managed and franchised hotels. Northern Europe represents 21% of rooms, Southern Europe 23%, Asia-Pacific region 32%, Americas 12%, and India, Middle East, and Africa 12%. Premium, midscale, and economy are 86% of total rooms, while luxury and lifestyle are the remaining 14%.