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GuruFocus has detected 7 Warning Signs with Nexstar Media Group Inc $NXST.
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Nexstar Media Group Inc (NAS:NXST)
Accounts Payable & Accrued Expense
$152 Mil (As of Dec. 2016)

Nexstar Media Group Inc's quarterly accounts payable & accrued expense increased from Jun. 2016 ($120 Mil) to Sep. 2016 ($137 Mil) and increased from Sep. 2016 ($137 Mil) to Dec. 2016 ($152 Mil).

Nexstar Media Group Inc's annual accounts payable & accrued expense increased from Dec. 2014 ($75 Mil) to Dec. 2015 ($115 Mil) and increased from Dec. 2015 ($115 Mil) to Dec. 2016 ($152 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Nexstar Media Group Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Accounts Payable & Accrued Expense 2246404839496775115152

Nexstar Media Group Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Accounts Payable & Accrued Expense 537511297114115111120137152
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