freenet AG (freenet AG) Accounts Payable & Accrued Expense : $462 Mil (As of Dec. 2023)

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What is freenet AG Accounts Payable & Accrued Expense?

freenet AG's quarterly accounts payable & accrued expense declined from Jun. 2023 ($386 Mil) to Sep. 2023 ($372 Mil) but then increased from Sep. 2023 ($372 Mil) to Dec. 2023 ($462 Mil).

freenet AG's annual accounts payable & accrued expense declined from Dec. 2021 ($460 Mil) to Dec. 2022 ($431 Mil) but then increased from Dec. 2022 ($431 Mil) to Dec. 2023 ($462 Mil).

freenet AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for freenet AG'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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freenet AG Accounts Payable & Accrued Expense Chart

freenet AG Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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565.80

475.18

459.67

430.78

461.63

freenet AG 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	Get a 7-Day Free Trial															430.78	364.99	385.92	372.25	461.63

freenet AG 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.

freenet AG (freenet AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » freenet AG (OTCPK:FRTAF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FRTAY:USA 0MV2:UK FNTN:Germany FNTN:Austria

Address

Hollerstrasse 126, Budelsdorf, DEU, 24782

Website

https://www.freenet-group.de

freenet AG is a German mobile communication and mobile Internet company. It operates as an independent service provider without its own network. The company distributes mobile communications tariffs and options throughout Germany, using a subscription agreement and multi-brand strategy. The company has three operating segments: Mobile communications, TV and media and Other/holding. The Mobile communications segment generates almost all of the firm's revenue. This segment offers a product portfolio of voice and data services for mobile communication operators. It also buys mobile communications services from the network operators and sells them to its end customers.