Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Accounts Payable & Accrued Expense : $49.7 Mil (As of Jun. 2023)

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What is Hoteles City ExpressB de CV Accounts Payable & Accrued Expense?

Hoteles City ExpressB de CV's quarterly accounts payable & accrued expense increased from Dec. 2022 ($19.7 Mil) to Mar. 2023 ($24.3 Mil) and increased from Mar. 2023 ($24.3 Mil) to Jun. 2023 ($49.7 Mil).

Hoteles City ExpressB de CV's annual accounts payable & accrued expense increased from Dec. 2020 ($14.0 Mil) to Dec. 2021 ($19.0 Mil) and increased from Dec. 2021 ($19.0 Mil) to Dec. 2022 ($19.7 Mil).

Hoteles City ExpressB de CV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hoteles City ExpressB de CV'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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Hoteles City ExpressB de CV Accounts Payable & Accrued Expense Chart

Hoteles City ExpressB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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20.84

21.68

13.96

19.04

19.72

Hoteles City ExpressB de CV Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															19.05	0.79	19.72	24.33	49.66

Hoteles City ExpressB de CV 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.

Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hoteles City Express SAB de CV (OTCPK:HOCXF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HCITY:Mexico

Address

Juan Salvador Agraz No. 69, Col. Santa Fe Cuajimalpa, Del. Cuajimalpa de Morelos, Mexico, MEX, 05300

Website

http://www.hotelescity.com

Hoteles City Express SAB de CV together with its subsidiaries is engaged in the ownership, operation, and management of hotels using the brand names Hoteles City Express, City Suites and City Junior. The company's segments include Hotel Operation and Hotel Management. The company works as an alternative for business travelers, and the option for anyone looking to increase the value of an investment through a modern, hotel franchise and also, are the working towards the economy business travel segment.