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Movida Participacoes (BSP:MOVI3) Accounts Payable & Accrued Expense for Financial Companies


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What is Movida Participacoes Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Movida Participacoes (BSP:MOVI3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Movida Participacoes SA (BSP:MOVI3) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Traded in Other Exchanges
N/A
Address
Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.