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Lumen Technologies (LTS:0HVP) Accounts Payable & Accrued Expense : $2,611 Mil (As of Mar. 2024)


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What is Lumen Technologies Accounts Payable & Accrued Expense?

Lumen Technologies's quarterly accounts payable & accrued expense increased from Sep. 2023 ($2,174 Mil) to Dec. 2023 ($2,249 Mil) and increased from Dec. 2023 ($2,249 Mil) to Mar. 2024 ($2,611 Mil).

Lumen Technologies's annual accounts payable & accrued expense increased from Dec. 2021 ($2,124 Mil) to Dec. 2022 ($3,075 Mil) but then declined from Dec. 2022 ($3,075 Mil) to Dec. 2023 ($2,249 Mil).


Lumen Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lumen Technologies'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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Lumen Technologies Accounts Payable & Accrued Expense Chart

Lumen Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,352.00 2,747.00 2,124.00 3,075.00 2,249.00

Lumen Technologies 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,112.00 2,186.00 2,174.00 2,249.00 2,611.00

Lumen Technologies 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.


Lumen Technologies (LTS:0HVP) Business Description

Traded in Other Exchanges
Address
100 CenturyLink Drive, Monroe, LA, USA, 71203
With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now nearly 80% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.

Lumen Technologies (LTS:0HVP) Headlines

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