Verizon Communications (BUE:VZ) Accounts Payable & Accrued Expense : ARS16,967,108 Mil (As of Mar. 2024)

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What is Verizon Communications Accounts Payable & Accrued Expense?

Verizon Communications's quarterly accounts payable & accrued expense increased from Sep. 2023 (ARS9,147,693 Mil) to Dec. 2023 (ARS9,484,914 Mil) and increased from Dec. 2023 (ARS9,484,914 Mil) to Mar. 2024 (ARS16,967,108 Mil).

Verizon Communications's annual accounts payable & accrued expense increased from Dec. 2021 (ARS2,781,467 Mil) to Dec. 2022 (ARS4,483,129 Mil) and increased from Dec. 2022 (ARS4,483,129 Mil) to Dec. 2023 (ARS9,484,914 Mil).

Verizon Communications Accounts Payable & Accrued Expense Historical Data

The historical data trend for Verizon Communications'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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Verizon Communications Accounts Payable & Accrued Expense Chart

Verizon Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,456,802.18

1,894,200.81

2,781,466.52

4,483,128.53

9,484,914.01

Verizon Communications 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															3,807,381.24	4,816,079.96	9,147,693.25	9,484,914.01	16,967,107.79

Verizon Communications 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.

Verizon Communications (BUE:VZ) Business Description

Industry

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Address

1095 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.verizon.com

Verizon Communications is primarily a wireless business (it provides about 70% of service revenue and nearly all operating income). It serves about 92 million postpaid and 22 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.