Korean Air Lines Co (XKRX:003490) Accounts Payable & Accrued Expense : ₩982,933 Mil (As of Mar. 2024)

View and export this data going back to 1966. Start your Free Trial

What is Korean Air Lines Co Accounts Payable & Accrued Expense?

Korean Air Lines Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (₩553,554 Mil) to Dec. 2023 (₩606,596 Mil) and increased from Dec. 2023 (₩606,596 Mil) to Mar. 2024 (₩982,933 Mil).

Korean Air Lines Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩430,547 Mil) to Dec. 2022 (₩1,104,832 Mil) but then declined from Dec. 2022 (₩1,104,832 Mil) to Dec. 2023 (₩606,596 Mil).

Korean Air Lines Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Korean Air Lines 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.

* Premium members only.

Korean Air Lines Co Accounts Payable & Accrued Expense Chart

Korean Air Lines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

301,973.55

259,651.64

430,547.28

1,104,832.13

606,595.92

Korean Air Lines 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															1,046,921.70	437,072.86	553,553.98	606,595.92	982,933.45

Korean Air Lines 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.

Korean Air Lines Co (XKRX:003490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Korean Air Lines Co Ltd (XKRX:003490) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

003495:Korea

Address

260 Haneul-gil, Gangseo-gu, Seoul, KOR

Website

http://www.koreanair.com

Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

No Headlines