Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Current Accrued Expense

: $192 Mil (As of Mar. 2023)

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Controladora Vuela Compania de AviacionB de CV's Current Accrued Expense for the quarter that ended in Mar. 2023 was $192 Mil.

Controladora Vuela Compania de AviacionB de CV's quarterly Current Accrued Expense declined from Sep. 2022 ($246 Mil) to Dec. 2022 ($182 Mil) but then increased from Dec. 2022 ($182 Mil) to Mar. 2023 ($192 Mil).

Controladora Vuela Compania de AviacionB de CV's annual Current Accrued Expense increased from Dec. 2020 ($118 Mil) to Dec. 2021 ($174 Mil) and increased from Dec. 2021 ($174 Mil) to Dec. 2022 ($182 Mil).

Controladora Vuela Compania de AviacionB de CV Current Accrued Expense Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV's Current 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 Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Current Accrued Expense

112.33

131.78

118.12

174.43

181.55

Controladora Vuela Compania de AviacionB de CV Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Current Accrued Expense																223.00	265.00	246.00	181.55	192.00

Controladora Vuela Compania de AviacionB de CV Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Controladora Vuela Compania de AviacionB de CV Current Accrued Expense Related Terms

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Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Business Description

Industry

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

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.