Old Dominion Freight Line (FRA:ODF) Accounts Payable & Accrued Expense : €274 Mil (As of Mar. 2024)

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What is Old Dominion Freight Line Accounts Payable & Accrued Expense?

Old Dominion Freight Line's quarterly accounts payable & accrued expense declined from Sep. 2023 (€238 Mil) to Dec. 2023 (€225 Mil) but then increased from Dec. 2023 (€225 Mil) to Mar. 2024 (€274 Mil).

Old Dominion Freight Line's annual accounts payable & accrued expense increased from Dec. 2021 (€183 Mil) to Dec. 2022 (€209 Mil) and increased from Dec. 2022 (€209 Mil) to Dec. 2023 (€225 Mil).

Old Dominion Freight Line Accounts Payable & Accrued Expense Historical Data

The historical data trend for Old Dominion Freight Line'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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Old Dominion Freight Line Accounts Payable & Accrued Expense Chart

Old Dominion Freight Line Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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156.21

149.46

182.60

209.11

225.31

Old Dominion Freight Line 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															307.27	215.15	238.27	225.31	274.32

Old Dominion Freight Line 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.

Old Dominion Freight Line (FRA:ODF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Old Dominion Freight Line Inc (FRA:ODF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ODFL:USA ODFL:Mexico ODF:Germany O1DF34:Brazil

Address

500 Old Dominion Way, Thomasville, NC, USA, 27360

Website

https://www.odfl.com

Old Dominion Freight Line is the second-largest less than truckload carrier in the United States, with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns stand head and shoulders above its peers. Strategic initiatives revolve around increasing network density through market share gains and maintaining industry-leading service via steadfast infrastructure investment.

Old Dominion Freight Line (FRA:ODF) Headlines

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