Thomson Reuters (Thomson Reuters) Accounts Payable & Accrued Expense

: $1,227 Mil (As of Dec. 2023)

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Thomson Reuters's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1,257 Mil) to Sep. 2023 ($1,228 Mil) and declined from Sep. 2023 ($1,228 Mil) to Dec. 2023 ($1,227 Mil).

Thomson Reuters's annual accounts payable & accrued expense increased from Dec. 2021 ($1,346 Mil) to Dec. 2022 ($1,395 Mil) but then declined from Dec. 2022 ($1,395 Mil) to Dec. 2023 ($1,227 Mil).

Thomson Reuters Accounts Payable & Accrued Expense Historical Data

The historical data trend for Thomson Reuters'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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Thomson Reuters Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1,190.00

1,229.00

1,346.00

1,395.00

1,227.00

Thomson Reuters Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense																1,395.00	1,295.00	1,257.00	1,228.00	1,227.00

Thomson Reuters 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.

Thomson Reuters (Thomson Reuters) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TOC:Germany TRI.PR.B.PFD:Canada TRI:Canada

Address

333 Bay Street, Suite 300, Toronto, ON, CAN, M5H 2R2

Website

https://www.thomsonreuters.com

Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.