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Webjet (ASX:WEB) Accounts Payable & Accrued Expense : A$523.6 Mil (As of Mar. 2024)


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What is Webjet Accounts Payable & Accrued Expense?

Webjet's quarterly accounts payable & accrued expense increased from Mar. 2023 (A$433.7 Mil) to Sep. 2023 (A$591.6 Mil) but then declined from Sep. 2023 (A$591.6 Mil) to Mar. 2024 (A$523.6 Mil).

Webjet's annual accounts payable & accrued expense increased from Mar. 2022 (A$276.8 Mil) to Mar. 2023 (A$433.7 Mil) and increased from Mar. 2023 (A$433.7 Mil) to Mar. 2024 (A$523.6 Mil).


Webjet Accounts Payable & Accrued Expense Historical Data

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

Webjet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 550.50 109.20 276.80 433.70 523.60

Webjet Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23 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 276.80 482.30 433.70 591.60 523.60

Webjet 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.


Webjet (ASX:WEB) Business Description

Industry
Traded in Other Exchanges
Address
509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004
Webjet provides online travel bookings across Europe, Asia Pacific, the Middle East, and Africa. The group operates in both the business to consumer, or B2C, and business to business, or B2B, segments. The B2B business, WebBeds, acts as an intermediary between hotels and wholesale/retail travel service providers. WebBeds is currently the world's second largest B2B accommodation booking provider despite only a circa 4% market share of the fragmented AUD 70 billion global B2B accommodation market. The company's B2C units, Webjet Online Travel Agent, or OTA, and GoSee allow retail customers to book flights, hotel accommodation, holiday packages, travel insurance, rental cars and caravans online.