Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Accounts Payable & Accrued Expense : $2,796 Mil (As of Mar. 2024)

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What is Telefonaktiebolaget L M Ericsson Accounts Payable & Accrued Expense?

Telefonaktiebolaget L M Ericsson's quarterly accounts payable & accrued expense increased from Sep. 2023 ($3,036 Mil) to Dec. 2023 ($5,660 Mil) but then declined from Dec. 2023 ($5,660 Mil) to Mar. 2024 ($2,796 Mil).

Telefonaktiebolaget L M Ericsson's annual accounts payable & accrued expense declined from Dec. 2021 ($7,659 Mil) to Dec. 2022 ($7,449 Mil) and declined from Dec. 2022 ($7,449 Mil) to Dec. 2023 ($5,660 Mil).

Telefonaktiebolaget L M Ericsson Accounts Payable & Accrued Expense Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson'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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Telefonaktiebolaget L M Ericsson Accounts Payable & Accrued Expense Chart

Telefonaktiebolaget L M Ericsson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6,551.89

7,838.00

7,658.75

7,449.22

5,660.39

Telefonaktiebolaget L M Ericsson 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															3,534.84	3,540.50	3,036.41	5,660.39	2,796.48

Telefonaktiebolaget L M Ericsson 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.

Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Industry

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Address

Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83

Website

https://www.ericsson.com

Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.