LATAM Airlines Group (LATAM Airlines Group) Payments on Behalf of Employees : $-1,285 Mil (TTM As of Mar. 2024)

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What is LATAM Airlines Group Payments on Behalf of Employees?

LATAM Airlines Group's Payments on Behalf of Employees for the three months ended in Mar. 2024 was $-344 Mil.

LATAM Airlines Group's Payments on Behalf of Employees for the trailing twelve months (TTM) ended in Mar. 2024 was $-1,285 Mil.

LATAM Airlines Group Payments on Behalf of Employees Historical Data

The historical data trend for LATAM Airlines Group's Payments on Behalf of Employees 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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LATAM Airlines Group Payments on Behalf of Employees Chart

LATAM Airlines Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Payments on Behalf of Employees

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-1,644.81

-1,227.01

-941.07

-1,039.34

-1,304.70

LATAM Airlines Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Payments on Behalf of Employees	Get a 7-Day Free Trial															-363.93	-317.92	-276.10	-346.75	-344.11

LATAM Airlines Group Payments on Behalf of Employees Calculation

A company's cash flow from operations for a time period can be determined using either the direct or indirect method. The indirect method modifies the operating section from accrual accounting to a cash basis by taking the net income generated in a period and adding or subtracting changes in the asset and liability accounts to determine the implied cash flow. However, the direct method uses actual cash inflows and outflows from the company's operations directly. Payments on Behalf of Employees represents cash paid in a form of salaries or other benefits to employees of the company, in the direct cash flow method.

Payments on Behalf of Employees for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,285 Mil.

LATAM Airlines Group Payments on Behalf of Employees Related Terms

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LATAM Airlines Group (LATAM Airlines Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LATAM Airlines Group SA (OTCPK:LTMAY) » Definitions » Payments on Behalf of Employees

Comparable Companies

Traded in Other Exchanges

LFL:Germany LTM:Chile

Address

Avenida Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL

Website

https://www.latamairlinesgroup.net

LATAM Airlines Group SA operates as a passenger airline group. Geographically, the company operates in Brazil, Chile, Colombia, Ecuador, and Peru, along with international operations within Latin America and to Europe, the US, and the Caribbean. The firm generates its revenue from transporting passengers and cargo.