Lamar Advertising Co (FRA:6LA) Accounts Payable & Accrued Expense : €90 Mil (As of Mar. 2024)

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What is Lamar Advertising Co Accounts Payable & Accrued Expense?

Lamar Advertising Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (€107 Mil) to Dec. 2023 (€108 Mil) but then declined from Dec. 2023 (€108 Mil) to Mar. 2024 (€90 Mil).

Lamar Advertising Co's annual accounts payable & accrued expense increased from Dec. 2021 (€110 Mil) to Dec. 2022 (€118 Mil) but then declined from Dec. 2022 (€118 Mil) to Dec. 2023 (€108 Mil).

Lamar Advertising Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lamar Advertising Co'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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Lamar Advertising Co Accounts Payable & Accrued Expense Chart

Lamar Advertising Co Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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89.01

86.90

110.18

118.02

107.75

Lamar Advertising Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															93.04	96.62	106.71	107.75	90.09

Lamar Advertising Co 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.

Lamar Advertising Co (FRA:6LA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lamar Advertising Co (FRA:6LA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

LAMR:USA

Address

5321 Corporate Boulevard, Baton Rouge, LA, USA, 70808

Website

https://www.lamar.com

Lamar Advertising Co is an outdoor advertising company organized as a real estate investment trust for U.S. federal income tax purposes. Lamar's core revenue-generating activity is leasing space for advertising on billboards, buses, shelters, benches, logo plates, and airport terminals through short-term agreements. The company is involved in this process from ad copy production to the placement and maintenance of physical advertisements. The vast majority of Lamar's revenue comes from renting ad space on its portfolio of static and digital roadside billboard displays in the U.S. The states of Pennsylvania and Texas house a proportion of these. The company's customers are restaurant, service, healthcare, and retail firms in terms of total revenue.

Lamar Advertising Co (FRA:6LA) Headlines

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