TravelSky Technology (FRA:TVL) Accounts Payable & Accrued Expense : €570.5 Mil (As of Dec. 2023)

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What is TravelSky Technology Accounts Payable & Accrued Expense?

TravelSky Technology's quarterly accounts payable & accrued expense increased from Dec. 2022 (€603.1 Mil) to Jun. 2023 (€734.5 Mil) but then declined from Jun. 2023 (€734.5 Mil) to Dec. 2023 (€570.5 Mil).

TravelSky Technology's annual accounts payable & accrued expense increased from Dec. 2021 (€568.5 Mil) to Dec. 2022 (€603.1 Mil) but then declined from Dec. 2022 (€603.1 Mil) to Dec. 2023 (€570.5 Mil).

TravelSky Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for TravelSky Technology'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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TravelSky Technology Accounts Payable & Accrued Expense Chart

TravelSky Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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504.75

455.89

568.53

603.11

570.50

TravelSky Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															568.53	594.31	603.11	734.47	570.50

TravelSky Technology 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.

TravelSky Technology (FRA:TVL) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » TravelSky Technology Ltd (FRA:TVL) » Definitions » Accounts Payable & Accrued Expense

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TSYHY:USA TSYHF:USA 00696:Hong Kong TVL:Germany

Address

7 Yu Min Da Street, Houshayu Town, Shunyi District, Beijing, CHN, 101318

Website

https://www.travelskyir.com

TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue.

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