SES (LTS:0M6P) Accounts Payable & Accrued Expense : €273 Mil (As of Dec. 2023)

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What is SES Accounts Payable & Accrued Expense?

SES's quarterly accounts payable & accrued expense declined from Jun. 2023 (€322 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€273 Mil).

SES's annual accounts payable & accrued expense declined from Dec. 2021 (€296 Mil) to Dec. 2022 (€167 Mil) but then increased from Dec. 2022 (€167 Mil) to Dec. 2023 (€273 Mil).

SES Accounts Payable & Accrued Expense Historical Data

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

SES Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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280.00

187.00

296.00

167.00

273.00

SES 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															167.00	-	322.00	-	273.00

SES 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.

SES (LTS:0M6P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » SES SA (LTS:0M6P) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SGBAF:USA SESGL:Luxembourg SESGp:UK SESG:France SES:Germany

Address

Chateau de Betzdorf, Betzdorf, Luxembourg, LUX, L-6815

Website

https://www.ses.com

SES SA is a communications satellite owner and operator and functions in the television broadcasting space. It operates in one operating segment, namely the provision of satellite-based data transmission capacity, and ancillary services, to customers around the world. The largest video division delivers television and radio satellite signals to homes through various media providers such as Comcast, Viacom, M7, and QVC. The mobility revenue is derived by offering high-bandwidth Internet connections to maritime users, and SES SA's government division offers secure communication links to international institutions and governments. Fixed Data works to bring satellite networks and connectivity to remote areas.

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