TomTom NV (TomTom NV) Accounts Payable & Accrued Expense : $21.3 Mil (As of Mar. 2024)

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What is TomTom NV Accounts Payable & Accrued Expense?

TomTom NV's quarterly accounts payable & accrued expense increased from Sep. 2023 ($14.4 Mil) to Dec. 2023 ($31.8 Mil) but then declined from Dec. 2023 ($31.8 Mil) to Mar. 2024 ($21.3 Mil).

TomTom NV's annual accounts payable & accrued expense declined from Dec. 2021 ($26.5 Mil) to Dec. 2022 ($17.6 Mil) but then increased from Dec. 2022 ($17.6 Mil) to Dec. 2023 ($31.8 Mil).

TomTom NV Accounts Payable & Accrued Expense Historical Data

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

TomTom NV Annual Data

Trend

Dec14

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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77.92

38.77

26.50

17.60

31.82

TomTom NV 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															14.95	20.56	14.39	31.82	21.31

TomTom NV 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.

TomTom NV (TomTom NV) Business Description

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Traded in Other Exchanges

TMOAF:USA TOM2:Netherlands TOM2a:UK 0MKS:UK OEMA:Germany

Address

De Ruijterkade 154, Amsterdam, NLD, 1011 AC

Website

https://www.tomtom.com

TomTom NV is a software company specializing in Developing and selling navigation and location-based products and services, including maps, traffic, navigation software, and portable navigation devices. The company operates in two reporting segments; Location Technology and Consumer. The Location Technology Segment is engaged in developing and selling location-based application components such as maps, services, and navigation software to customers in different market segments. The Consumer segment generates revenue mainly from the sale of portable navigation devices and mobile applications. The majority of revenue is derived from Location Technology Segment.

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From GuruFocus

Q4 2023 TomTom NV Earnings Call Transcript

By GuruFocus Research • 02-05-2024