Icelandair Group hf (LTS:0ERU) Accounts Payable & Accrued Expense : kr32,910 Mil (As of Mar. 2024)

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What is Icelandair Group hf Accounts Payable & Accrued Expense?

Icelandair Group hf's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr31,556 Mil) to Dec. 2023 (kr30,753 Mil) but then increased from Dec. 2023 (kr30,753 Mil) to Mar. 2024 (kr32,910 Mil).

Icelandair Group hf's annual accounts payable & accrued expense increased from Dec. 2021 (kr19,874 Mil) to Dec. 2022 (kr27,901 Mil) and increased from Dec. 2022 (kr27,901 Mil) to Dec. 2023 (kr30,753 Mil).

Icelandair Group hf Accounts Payable & Accrued Expense Historical Data

The historical data trend for Icelandair Group hf'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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Icelandair Group hf Accounts Payable & Accrued Expense Chart

Icelandair Group hf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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30,557.75

19,592.91

19,874.43

27,901.44

30,753.26

Icelandair Group hf 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															30,588.17	34,950.18	31,555.92	30,753.26	32,909.73

Icelandair Group hf 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.

Icelandair Group hf (LTS:0ERU) Business Description

Industry

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ICEAIR:Iceland

Address

Reykjavikurflugvollur, Reykjavik Airport, Reykjavik, ISL, 101

Website

https://www.icelandairgroup.is

Icelandair Group hf through its subsidiaries provides airlines and tourism services in Iceland. The company's segments are Passenger and cargo operations and Other group entities. It generates maximum revenue from the Passenger and cargo operations segment. Geographically, it derives maximum revenue from Iceland and also has a presence in North America, West Continental Europe, Scandinavia, the United Kingdom, and Other countries.

Icelandair Group hf (LTS:0ERU) Headlines

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