Sprint (Sprint) Accounts Payable & Accrued Expense : $6,731 Mil (As of Dec. 2019)

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What is Sprint Accounts Payable & Accrued Expense?

Sprint's quarterly accounts payable & accrued expense increased from Jun. 2019 ($6,720 Mil) to Sep. 2019 ($7,116 Mil) but then declined from Sep. 2019 ($7,116 Mil) to Dec. 2019 ($6,731 Mil).

Sprint's annual accounts payable & accrued expense increased from Mar. 2017 ($4,945 Mil) to Mar. 2018 ($4,949 Mil) and increased from Mar. 2018 ($4,949 Mil) to Mar. 2019 ($5,406 Mil).

Sprint Accounts Payable & Accrued Expense Historical Data

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

Sprint Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Mar15

Mar16

Mar17

Mar18

Mar19

Accounts Payable & Accrued Expense

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6,627.00

4,290.00

4,945.00

4,949.00

5,406.00

Sprint Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7,104.00	5,406.00	6,720.00	7,116.00	6,731.00

Sprint 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.

Sprint (Sprint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sprint Corp (NYSE:S) » Definitions » Accounts Payable & Accrued Expense

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Address

6200 Sprint Parkway, Overland Park, KS, USA, 66251

Website

https://www.sprint.com

A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.