Proximus (Proximus) Accounts Payable & Accrued Expense

: $2,125 Mil (As of Dec. 2023)

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Proximus's quarterly accounts payable & accrued expense increased from Jun. 2023 ($2,213 Mil) to Sep. 2023 ($2,244 Mil) but then declined from Sep. 2023 ($2,244 Mil) to Dec. 2023 ($2,125 Mil).

Proximus's annual accounts payable & accrued expense increased from Dec. 2021 ($2,060 Mil) to Dec. 2022 ($2,090 Mil) and increased from Dec. 2022 ($2,090 Mil) to Dec. 2023 ($2,125 Mil).

Proximus Accounts Payable & Accrued Expense Historical Data

The historical data trend for Proximus'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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Proximus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1,754.44

1,796.84

2,059.89

2,090.04

2,125.41

Proximus 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																2,090.04	2,263.38	2,213.43	2,244.40	2,125.41

Proximus 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.

Proximus (Proximus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Proximus SA (OTCPK:BGAOY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

0DPU:UK BX7:Germany PROX:Belgium PROX:Austria

Address

Boulevard du Roi Albert II, 27, Proximus Towers, Brussels, BEL, B-1030

Website

https://www.proximus.com

Proximus is the incumbent telecom operator in Belgium. The firm has around 45% share of the broadband market and 30% of the postpaid mobile market, mainly competing with Telenet (mobile and fixed) and Orange (mobile and fixed). Proximus is rolling out fiber to the home in Belgium and expects to have 95% of the country covered by 2032. Its international carrier services division, BICS, is one of the four largest in the world, serving more than 250 operators, which was strengthened in 2017 with the acquisition of Telesign.