Movida Participacoes (BSP:MOVI3) Accounts Payable & Accrued Expense : R$5,062 Mil (As of Dec. 2023)

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What is Movida Participacoes Accounts Payable & Accrued Expense?

Movida Participacoes's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$1,179 Mil) to Sep. 2023 (R$2,476 Mil) and increased from Sep. 2023 (R$2,476 Mil) to Dec. 2023 (R$5,062 Mil).

Movida Participacoes's annual accounts payable & accrued expense increased from Dec. 2021 (R$2,655 Mil) to Dec. 2022 (R$2,731 Mil) and increased from Dec. 2022 (R$2,731 Mil) to Dec. 2023 (R$5,062 Mil).

Movida Participacoes Accounts Payable & Accrued Expense Historical Data

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

Movida Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,549.10

1,300.95

2,654.70

2,731.17

5,062.36

Movida Participacoes 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															1,464.85	1,178.92	2,475.62	5,062.36	-

Movida Participacoes 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.

Movida Participacoes (BSP:MOVI3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Movida Participacoes SA (BSP:MOVI3) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001

Website

https://www.movida.com.br/

Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

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