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Lyft (XTER:LY0) Accounts Payable & Accrued Expense : €1,218 Mil (As of Mar. 2024)


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What is Lyft Accounts Payable & Accrued Expense?

Lyft's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,175 Mil) to Dec. 2023 (€1,171 Mil) but then increased from Dec. 2023 (€1,171 Mil) to Mar. 2024 (€1,218 Mil).

Lyft's annual accounts payable & accrued expense increased from Dec. 2021 (€926 Mil) to Dec. 2022 (€1,291 Mil) but then declined from Dec. 2022 (€1,291 Mil) to Dec. 2023 (€1,171 Mil).


Lyft Accounts Payable & Accrued Expense Historical Data

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

Lyft Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 684.87 661.81 925.54 1,290.69 1,170.54

Lyft 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 1,262.71 1,211.08 1,174.61 1,170.54 1,218.01

Lyft 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.


Lyft (XTER:LY0) Business Description

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185 Berry Street, Suite 400, San Francisco, CA, USA, 94107
Lyft is the second-largest ride-sharing service provider in the U.S. and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.

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