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CAVA (Cava Group) Accounts Payable & Accrued Expense : $83.9 Mil (As of Jun. 2024)


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What is Cava Group Accounts Payable & Accrued Expense?

Cava Group's quarterly accounts payable & accrued expense declined from Dec. 2023 ($76.5 Mil) to Mar. 2024 ($73.3 Mil) but then increased from Mar. 2024 ($73.3 Mil) to Jun. 2024 ($83.9 Mil).

Cava Group's annual accounts payable & accrued expense increased from Dec. 2021 ($51.7 Mil) to Dec. 2022 ($54.8 Mil) and increased from Dec. 2022 ($54.8 Mil) to Dec. 2023 ($76.5 Mil).

Cava Group Accounts Payable & Accrued Expense Historical Data

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

Cava Group Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
51.73 54.78 76.45

Cava Group Quarterly Data
Sep21 Dec21 Apr22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 80.59 76.57 76.45 73.31 83.89

Cava Group 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.

Cava Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cava Group Inc (NYSE:CAVA) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
14 Ridge Square NW, Suite 500, Washington, DC, USA, 20016
Website
https://www.cava.com
Cava Group Inc owns and operates a chain of restaurants. It is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. The company's dips, spreads, and dressings are centrally produced and sold in grocery stores. The company's operations are conducted as two reportable segments: CAVA and Zoes Kitchen. The company generates the majority of its revenue from the CAVA segment.
Executives
James D White director C/O CAVA GROUP, INC., 202-400-2920 14 RIDGE SQUARE NW, SUITE 5, WASHINGTON DC 20016
Ronald M Shaich director, 10 percent owner C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Adam David Phillips officer: Chief Accounting Officer C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Karen Kochevar director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Artal International S.c.a. director, 10 percent owner VALLEY PARK, 44, RUE DE LA VALLEE, LUXEMBOURG N4 L-2661
David Bosserman director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Brett Schulman director, 10 percent owner, officer: CEO and President C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Theodoros Xenohristos director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Tricia K. Tolivar officer: Chief Financial Officer C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Kenneth Robert Bertram officer: CLO & Secretary 3404 CHOCO CHASE, MECHNICSBURG NY 17055
Philippe Amouyal director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Jennifer Somers officer: Chief Operations Officer C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Todd Klein director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Todd D Klein director 1717 RHODE ISLAND AVENUE, N.W., 10TH FLOOR, WASHINGTON DC 20036
Cava Act Iii, Llc 10 percent owner 23 PRESCOTT STREET, BROOKLINE MA 02446