International Business Machines (NEOE:IBM) Accounts Payable & Accrued Expense : C$7,171 Mil (As of Mar. 2024)

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What is International Business Machines Accounts Payable & Accrued Expense?

International Business Machines's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$11,109 Mil) to Dec. 2023 (C$13,313 Mil) but then declined from Dec. 2023 (C$13,313 Mil) to Mar. 2024 (C$7,171 Mil).

International Business Machines's annual accounts payable & accrued expense increased from Dec. 2021 (C$12,974 Mil) to Dec. 2022 (C$14,071 Mil) but then declined from Dec. 2022 (C$14,071 Mil) to Dec. 2023 (C$13,313 Mil).

International Business Machines Accounts Payable & Accrued Expense Historical Data

The historical data trend for International Business Machines'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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International Business Machines Accounts Payable & Accrued Expense Chart

International Business Machines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15,923.96

16,476.22

12,974.08

14,071.34

13,312.70

International Business Machines 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															12,648.57	11,942.79	11,108.95	13,312.70	7,171.37

International Business Machines 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.

International Business Machines (NEOE:IBM) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

One New Orchard Road, Armonk, NY, USA, 10504

Website

http://www.ibm.com

IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.