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AMADY (Amadeus IT Group) Accounts Payable & Accrued Expense : $0 Mil (As of Sep. 2024)


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What is Amadeus IT Group Accounts Payable & Accrued Expense?

Amadeus IT Group's quarterly accounts payable & accrued expense increased from Mar. 2024 ($0 Mil) to Jun. 2024 ($1,715 Mil) but then declined from Jun. 2024 ($1,715 Mil) to Sep. 2024 ($0 Mil).

Amadeus IT Group's annual accounts payable & accrued expense increased from Dec. 2021 ($981 Mil) to Dec. 2022 ($1,136 Mil) and increased from Dec. 2022 ($1,136 Mil) to Dec. 2023 ($1,501 Mil).


Amadeus IT Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Amadeus IT Group'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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Amadeus IT Group Accounts Payable & Accrued Expense Chart

Amadeus IT Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,318.67 859.12 981.24 1,135.70 1,501.31

Amadeus IT Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1,501.31 - 1,715.18 -

Amadeus IT Group 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.


Amadeus IT Group Business Description

Industry
Address
Salvador de Madariaga, 1, Madrid, ESP, 28027
Founded in 1987 by four major European airline carriers (Air France, Lufthansa, Iberia, and SAS), Amadeus became the world's second global distribution system operator, or GDS, after Sabre's development in the 1960s and 1970s. Today, among the top three GDS operators that control nearly 100% of industry revenue, Amadeus' 40%-plus market share ranks as the largest. Overall, Amadeus' GDS segment represented 56% of total prepandemic sales in 2019. Moreover, the company has an expanding IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and travel agency markets. Transaction fees, which are tied to volume and not price, account for the bulk of consolidated sales and profits.