Cellnex Telecom (XMAD:CLNX) Accounts Payable & Accrued Expense : €1,142 Mil (As of Dec. 2023)

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What is Cellnex Telecom Accounts Payable & Accrued Expense?

Cellnex Telecom's quarterly accounts payable & accrued expense increased from Jun. 2023 (€1,343 Mil) to Sep. 2023 (€1,386 Mil) but then declined from Sep. 2023 (€1,386 Mil) to Dec. 2023 (€1,142 Mil).

Cellnex Telecom's annual accounts payable & accrued expense declined from Dec. 2021 (€1,395 Mil) to Dec. 2022 (€1,335 Mil) and declined from Dec. 2022 (€1,335 Mil) to Dec. 2023 (€1,142 Mil).

Cellnex Telecom Accounts Payable & Accrued Expense Historical Data

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

Cellnex Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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381.66

691.35

1,395.44

1,334.70

1,141.95

Cellnex Telecom 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															1,334.70	1,474.00	1,342.58	1,386.00	1,141.95

Cellnex Telecom 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.

Cellnex Telecom (XMAD:CLNX) Business Description

Industry

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Traded in Other Exchanges

CLLNY:USA CLNXF:USA CLNX:Mexico CLNXe:UK 0R9C:UK 472:Germany

Address

Passeig Zona Franca, 105, Barcelona, ESP, 08038

Website

https://www.cellnextelecom.com

Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.

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