Southwest Airlines Co (WBO:LUV) Accounts Payable & Accrued Expense : €4,001 Mil (As of Mar. 2024)

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What is Southwest Airlines Co Accounts Payable & Accrued Expense?

Southwest Airlines Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (€2,314 Mil) to Dec. 2023 (€2,369 Mil) and increased from Dec. 2023 (€2,369 Mil) to Mar. 2024 (€4,001 Mil).

Southwest Airlines Co's annual accounts payable & accrued expense increased from Dec. 2021 (€1,531 Mil) to Dec. 2022 (€2,158 Mil) and increased from Dec. 2022 (€2,158 Mil) to Dec. 2023 (€2,369 Mil).

Southwest Airlines Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Southwest Airlines Co'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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Southwest Airlines Co Accounts Payable & Accrued Expense Chart

Southwest Airlines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,825.20

1,177.10

1,531.05

2,157.98

2,368.61

Southwest Airlines Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,280.83	2,372.11	2,314.39	2,368.61	4,001.08

Southwest Airlines Co 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.

Southwest Airlines Co (WBO:LUV) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

LUV:USA LUV:Mexico SWN:Germany S1OU34:Brazil

Address

P.O. Box 36611, Dallas, TX, USA, 75235-1611

Website

https://www.southwest.com

Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.