Avis Budget Group (BUE:CAR) Accounts Payable & Accrued Expense : ARS1,013,528 Mil (As of Mar. 2024)

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What is Avis Budget Group Accounts Payable & Accrued Expense?

Avis Budget Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (ARS465,084 Mil) to Dec. 2023 (ARS433,922 Mil) but then increased from Dec. 2023 (ARS433,922 Mil) to Mar. 2024 (ARS1,013,528 Mil).

Avis Budget Group's annual accounts payable & accrued expense increased from Dec. 2021 (ARS114,220 Mil) to Dec. 2022 (ARS198,665 Mil) and increased from Dec. 2022 (ARS198,665 Mil) to Dec. 2023 (ARS433,922 Mil).

Avis Budget Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Avis Budget 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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Avis Budget Group Accounts Payable & Accrued Expense Chart

Avis Budget Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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58,996.54

69,010.24

114,219.69

198,665.25

433,922.00

Avis Budget Group 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															247,530.16	315,120.00	465,083.56	433,922.00	1,013,527.52

Avis Budget 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.

Avis Budget Group (BUE:CAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avis Budget Group Inc (BUE:CAR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CAR:USA CAR:Mexico CUCA:Germany

Address

6 Sylvan Way, Parsippany, NJ, USA, 07054

Website

https://www.avisbudgetgroup.com

Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.