Choice Hotels International (FRA:CZH) Accounts Payable & Accrued Expense : €189 Mil (As of Mar. 2024)

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What is Choice Hotels International Accounts Payable & Accrued Expense?

Choice Hotels International's quarterly accounts payable & accrued expense declined from Sep. 2023 (€207 Mil) to Dec. 2023 (€150 Mil) but then increased from Dec. 2023 (€150 Mil) to Mar. 2024 (€189 Mil).

Choice Hotels International's annual accounts payable & accrued expense increased from Dec. 2021 (€97 Mil) to Dec. 2022 (€140 Mil) and increased from Dec. 2022 (€140 Mil) to Dec. 2023 (€150 Mil).

Choice Hotels International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Choice Hotels International'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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Choice Hotels International Accounts Payable & Accrued Expense Chart

Choice Hotels International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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89.04

86.38

97.23

139.73

150.16

Choice Hotels International 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															160.63	202.85	206.74	150.16	189.02

Choice Hotels International 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.

Choice Hotels International (FRA:CZH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Choice Hotels International Inc (FRA:CZH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CHH:USA

Address

1 Choice Hotels Circle, Suite 400, Rockville, MD, USA, 20850

Website

https://www.choicehotels.com

As of Dec. 31, 2022, Choice Hotels operated 628,000 rooms across 13 brands addressing the economy and midscale segments. Comfort Inn and Comfort Suites are the largest brands (27% of the company's total domestic rooms), while Ascend and Cambria (7% of total domestic rooms) are newer lifestyle and select-service brands. Choice added its 13th brand with the launch of extended-stay brand Everhome in January 2020. Choice closed on its Radisson acquisition in August 2022, which will add around 70,000 rooms. Franchises are 99% of total revenue, and the United States represents 79% of total rooms in 2022.

Choice Hotels International (FRA:CZH) Headlines

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