Fly Leasing (Fly Leasing) Accounts Payable & Accrued Expense : $31.8 Mil (As of Mar. 2021)

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What is Fly Leasing Accounts Payable & Accrued Expense?

Fly Leasing's quarterly accounts payable & accrued expense declined from Sep. 2020 ($32.8 Mil) to Dec. 2020 ($22.2 Mil) but then increased from Dec. 2020 ($22.2 Mil) to Mar. 2021 ($31.8 Mil).

Fly Leasing's annual accounts payable & accrued expense increased from Dec. 2018 ($27.7 Mil) to Dec. 2019 ($33.1 Mil) but then declined from Dec. 2019 ($33.1 Mil) to Dec. 2020 ($22.2 Mil).

Fly Leasing Accounts Payable & Accrued Expense Historical Data

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

Fly Leasing Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

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20.86

24.62

27.66

33.13

22.24

Fly Leasing Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															35.98	25.30	32.84	22.24	31.75

Fly Leasing 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.

Fly Leasing (Fly Leasing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fly Leasing Ltd (NYSE:FLY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

West Pier Business Campus, Dun Laoghaire, County Dublin, IRL, A96 N6T7

Website

http://www.flyleasing.com

Fly Leasing Ltd is principally involved in the commercial aircraft business. In addition, to arranging for the leasing of the fleet the group is also involved acquiring and disposing of aircraft, marketeering aircraft for lease and release, collecting rents and other payments from the lessees of aircraft, monitoring maintenance, insurance and other obligations under leases, and enforcing Fly Leasing's rights against lessees.