XP (XP) Accounts Payable & Accrued Expense : $12,628 Mil (As of Dec. 2023)

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What is XP Accounts Payable & Accrued Expense?

XP's quarterly accounts payable & accrued expense declined from Jun. 2023 ($4,868 Mil) to Sep. 2023 ($3,905 Mil) but then increased from Sep. 2023 ($3,905 Mil) to Dec. 2023 ($12,628 Mil).

XP's annual accounts payable & accrued expense increased from Dec. 2021 ($4,571 Mil) to Dec. 2022 ($8,515 Mil) and increased from Dec. 2022 ($8,515 Mil) to Dec. 2023 ($12,628 Mil).

XP Accounts Payable & Accrued Expense Historical Data

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

XP Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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149.14

1,330.93

4,570.60

8,515.36

12,627.75

XP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8,515.36	3,957.97	4,868.45	3,905.38	12,627.75

XP 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.

XP (XP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » XP Inc (NAS:XP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

XP:Mexico XP9:Germany XP9:Germany XPBR31:Brazil

Address

Avenue Chedid Jafet, 75, Torre Sul, 30th floor, Vila Olimpia, Sao Paulo, SP, BRA, 04551-065

Website

https://www.xpinc.com

XP Inc is a Cayman Island-based technology-driven financial services platform. It is a provider of low-fee financial products and services in Brazil. The company evaluates its business through a single segment such as monitoring operations, making decisions on fund allocation, and evaluating the performance. It generates revenue through the Brokerage commission.