Restaurant Brands International LP (TSX:QSP.UN) Accounts Payable & Accrued Expense : C$1,886 Mil (As of Dec. 2023)

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What is Restaurant Brands International LP Accounts Payable & Accrued Expense?

Restaurant Brands International LP's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$1,841 Mil) to Sep. 2023 (C$1,993 Mil) but then declined from Sep. 2023 (C$1,993 Mil) to Dec. 2023 (C$1,886 Mil).

Restaurant Brands International LP'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 LP Accounts Payable & Accrued Expense Historical Data

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

Restaurant Brands International LP Annual Data

Trend

Dec14

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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 LP 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															1,937.22	1,782.90	1,841.44	1,993.12	1,886.29

Restaurant Brands International LP 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 LP (TSX:QSP.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands International LP (TSX:QSP.UN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RSTRF:USA

Address

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

Website

https://www.rbi.com

Restaurant Brands International LP is a Canada-based firm. It owns, operates and franchises quick-service restaurants and possesses market recognition. It operates in three segments namely; Tim Hortons; Burger King; and Popeyes Louisiana Kitchen. Its business generates revenue from franchise revenues; property revenues from properties it leases or subleases to franchisees; and sales at restaurants owned by the company. In addition, the Tim Hortons business generates a vast majority of the revenue from sales to franchisees related to its supply chain operations, including manufacturing, procurement, warehousing, and distribution, as well as sales to retailers.

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