Textainer Group Holdings (Textainer Group Holdings) Accounts Payable & Accrued Expense : $43.2 Mil (As of Dec. 2023)

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What is Textainer Group Holdings Accounts Payable & Accrued Expense?

Textainer Group Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 ($108.9 Mil) to Sep. 2023 ($39.8 Mil) but then increased from Sep. 2023 ($39.8 Mil) to Dec. 2023 ($43.2 Mil).

Textainer Group Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($181.1 Mil) to Dec. 2022 ($46.9 Mil) and declined from Dec. 2022 ($46.9 Mil) to Dec. 2023 ($43.2 Mil).

Textainer Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Textainer Group Holdings'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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Textainer Group Holdings Accounts Payable & Accrued Expense Chart

Textainer Group Holdings Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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54.78

274.73

181.06

46.94

43.16

Textainer Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															46.94	37.57	108.86	39.82	43.16

Textainer Group Holdings 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.

Textainer Group Holdings (Textainer Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Textainer Group Holdings Ltd (NYSE:TGH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TXT:South Africa TGHpB.PFD:USA TGHpA.PFD:USA 3T7:Germany

Address

16 Par-La-Ville Road, Century House, Hamilton, BMU, HM 08

Website

https://www.textainer.com

Textainer Group Holdings Ltd is an intermodal container leasing company providing customers globally, including international shipping lines and other leases. The company's operating segments are Container Ownership, Container Management, and Container Resale. Its geographical segments are Asia, Europe, North/South America, and other international countries. Textainer generates the majority of its revenue from lease rental income.