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Landstar System (STU:LDS) Accounts Payable & Accrued Expense : €354 Mil (As of Mar. 2024)


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What is Landstar System Accounts Payable & Accrued Expense?

Landstar System's quarterly accounts payable & accrued expense declined from Sep. 2023 (€435 Mil) to Dec. 2023 (€429 Mil) and declined from Dec. 2023 (€429 Mil) to Mar. 2024 (€354 Mil).

Landstar System's annual accounts payable & accrued expense declined from Dec. 2021 (€601 Mil) to Dec. 2022 (€566 Mil) and declined from Dec. 2022 (€566 Mil) to Dec. 2023 (€429 Mil).


Landstar System Accounts Payable & Accrued Expense Historical Data

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

Landstar System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 315.85 375.88 601.37 565.67 428.62

Landstar System 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 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 457.94 441.83 435.44 428.62 353.53

Landstar System 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.


Landstar System (STU:LDS) Business Description

Industry
Traded in Other Exchanges
Address
13410 Sutton Park Drive South, Jacksonville, FL, USA, 32224
Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage (90% of revenue). Historically, roughly half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.

Landstar System (STU:LDS) Headlines

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