Netflix (BSP:NFLX34) Accounts Payable & Accrued Expense : R$12,872 Mil (As of Mar. 2024)

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What is Netflix Accounts Payable & Accrued Expense?

Netflix's quarterly accounts payable & accrued expense increased from Sep. 2023 (R$11,721 Mil) to Dec. 2023 (R$12,501 Mil) and increased from Dec. 2023 (R$12,501 Mil) to Mar. 2024 (R$12,872 Mil).

Netflix's annual accounts payable & accrued expense declined from Dec. 2021 (R$12,932 Mil) to Dec. 2022 (R$11,467 Mil) but then increased from Dec. 2022 (R$11,467 Mil) to Dec. 2023 (R$12,501 Mil).

Netflix Accounts Payable & Accrued Expense Historical Data

The historical data trend for Netflix'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.

* Premium members only.

Netflix Accounts Payable & Accrued Expense Chart

Netflix Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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6,228.13

9,046.33

12,931.82

11,467.30

12,501.21

Netflix 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															12,032.16	10,422.06	11,721.20	12,501.21	12,871.67

Netflix 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.

Netflix (BSP:NFLX34) Business Description

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Address

121 Albright Way, Los Gatos, CA, USA, 95032

Website

https://www.netflix.com

Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with almost 250 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.

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