Restaurant Brands International (LTS:0VFA) Accounts Payable & Accrued Expense : C$1,776 Mil (As of Mar. 2024)

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What is Restaurant Brands International Accounts Payable & Accrued Expense?

Restaurant Brands International's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$1,993 Mil) to Dec. 2023 (C$1,886 Mil) and declined from Dec. 2023 (C$1,886 Mil) to Mar. 2024 (C$1,776 Mil).

Restaurant Brands International's annual accounts payable & accrued expense increased from Dec. 2021 (C$1,516 Mil) to Dec. 2022 (C$1,937 Mil) but then declined from Dec. 2022 (C$1,937 Mil) to Dec. 2023 (C$1,886 Mil).

Restaurant Brands International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Restaurant Brands 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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Restaurant Brands International Accounts Payable & Accrued Expense Chart

Restaurant Brands International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,590.82

1,319.33

1,515.52

1,937.22

1,886.29

Restaurant Brands 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															1,782.90	1,841.44	1,993.12	1,886.29	1,775.92

Restaurant Brands 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.

Restaurant Brands International (LTS:0VFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands International Inc (LTS:0VFA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

QSR:USA QSR:Mexico 0R6:Germany QSR:Canada

Address

130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1

Website

https://www.rbi.com

Restaurant Brands International is one of the largest restaurant companies in the world, with approximately $39 billion in 2022 systemwide sales across a footprint that spanned nearly 30,000 restaurants and more than 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Hortons supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Hortons International, the Restaurant Brands portfolio now includes Burger King (19,000 units), Tim Hortons (5,600 units), Popeyes Louisiana Kitchen (4,100 units) and Firehouse Subs (1,250 units) as of year-end 2022.

Restaurant Brands International (LTS:0VFA) Headlines

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