FedEx (BUE:FDX) Short-Term Capital Lease Obligation : ARS856,450 Mil (As of Feb. 2024)

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What is FedEx Short-Term Capital Lease Obligation?

FedEx's Short-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was ARS856,450 Mil.

FedEx's quarterly Short-Term Capital Lease Obligation increased from Aug. 2023 (ARS657,432 Mil) to Nov. 2023 (ARS851,550 Mil) and increased from Nov. 2023 (ARS851,550 Mil) to Feb. 2024 (ARS856,450 Mil).

FedEx's annual Short-Term Capital Lease Obligation increased from May. 2021 (ARS215,377 Mil) to May. 2022 (ARS285,392 Mil) and increased from May. 2022 (ARS285,392 Mil) to May. 2023 (ARS548,241 Mil).

FedEx Short-Term Capital Lease Obligation Historical Data

The historical data trend for FedEx's Short-Term Capital Lease Obligation 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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FedEx Short-Term Capital Lease Obligation Chart

FedEx Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Short-Term Capital Lease Obligation

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131,507.89

215,377.00

285,392.25

548,240.66

FedEx Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															458,086.88	548,240.66	657,432.00	851,549.99	856,449.99

FedEx Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

FedEx Short-Term Capital Lease Obligation Related Terms

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FedEx (BUE:FDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (BUE:FDX) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

FDX:USA FDX:Peru FDX:Mexico 1FDX:Italy FDX:Germany FDXB34:Brazil

Address

942 South Shady Grove Road, Memphis, TN, USA, 38120

Website

https://www.fedex.com

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.