Louis (CYS:LUI) Accounts Payable & Accrued Expense : €3.4 Mil (As of Dec. 2023)

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What is Louis Accounts Payable & Accrued Expense?

Louis's quarterly accounts payable & accrued expense increased from Dec. 2022 (€5.2 Mil) to Jun. 2023 (€24.5 Mil) but then declined from Jun. 2023 (€24.5 Mil) to Dec. 2023 (€3.4 Mil).

Louis's annual accounts payable & accrued expense increased from Dec. 2021 (€5.0 Mil) to Dec. 2022 (€5.2 Mil) but then declined from Dec. 2022 (€5.2 Mil) to Dec. 2023 (€3.4 Mil).

Louis Accounts Payable & Accrued Expense Historical Data

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

Louis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11.75

9.14

4.99

5.19

3.43

Louis Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.99	23.73	5.19	24.53	3.43

Louis 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.

Louis (CYS:LUI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Louis (CYS:LUI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Lemesou Avenue, Nicosia, CYP, 2112

Website

https://www.louisgroup.com

Louis Plc is a Cyprus-based company engaged in the tourism industry in the Southeastern Mediterranean. It mainly focuses on the hotel sector in both Cyprus and Greece. It covers a range of services for inbound/outbound tourism, ownership, and management of hotel and catering units and sea tourism, as well as ground handling services at the International Airports of Larnaca and Paphos. The company's objective is to further develop and update the quality of the services that it offers to its clients.

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