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Fraport AG (XSWX:FRA) Accounts Payable & Accrued Expense : CHF413 Mil (As of Mar. 2024)


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What is Fraport AG Accounts Payable & Accrued Expense?

Fraport AG's quarterly accounts payable & accrued expense declined from Sep. 2023 (CHF447 Mil) to Dec. 2023 (CHF406 Mil) but then increased from Dec. 2023 (CHF406 Mil) to Mar. 2024 (CHF413 Mil).

Fraport AG's annual accounts payable & accrued expense increased from Dec. 2021 (CHF311 Mil) to Dec. 2022 (CHF439 Mil) but then declined from Dec. 2022 (CHF439 Mil) to Dec. 2023 (CHF406 Mil).

Fraport AG Accounts Payable & Accrued Expense Historical Data

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

Fraport AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 358.65 328.34 310.96 438.56 406.28

Fraport AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 457.30 500.44 446.73 406.28 412.62

Fraport AG 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.

Fraport AG (XSWX:FRA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fraport AG (XSWX:FRA) » Definitions » Accounts Payable & Accrued Expense
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XTER:JST XTER:BDT XTER:ZIL2 XTER:ED4 XTER:PWO XTER:PGN XMAD:AENA BKK:AOT SHSE:600009 XPAR:ADP ASURB GAPB KUW:AGLTY HSTC:ACV NZSE:AIA BOM:532754 XSWX:FHZN OCSE:KBHL WBO:FLU JOBY
Traded in Other Exchanges
FPRUY:USA FPRUF:USA 1FRA:Italy FRAd:UK 0O1R:UK FRA:Germany FRA:Austria
Address
Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Website
https://www.fraport.com
Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation, the largest contributor to revenue, includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment includes IT and telecommunication services, and facility and infrastructure management.