Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Change In Payables And Accrued Expense

: $-930 Mil (TTM As of Mar. 2024)

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Telefonaktiebolaget L M Ericsson's Change In Payables And Accrued Expense for the quarter that ended in Mar. 2024 was $-386 Mil. It means Telefonaktiebolaget L M Ericsson's Accounts Payable & Accrued Expense declined by $386 Mil from Dec. 2023 to Mar. 2024 .

Telefonaktiebolaget L M Ericsson's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2023 was $-978 Mil. It means Telefonaktiebolaget L M Ericsson's Accounts Payable & Accrued Expense declined by $978 Mil from Dec. 2022 to Dec. 2023 .

Telefonaktiebolaget L M Ericsson Change In Payables And Accrued Expense Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson's Change In Payables And 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Payables And Accrued Expense

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-39.44

514.52

152.37

-192.23

-978.49

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
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-392.03	-55.44	-393.96	-94.17	-386.31

Telefonaktiebolaget L M Ericsson Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-930 Mil.

Telefonaktiebolaget L M Ericsson Change In Payables And Accrued Expense Related Terms

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

Industry

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Comparable Companies

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.