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Verizon Communications (Verizon Communications) Current Accrued Expense : $20,139.00 Mil (As of Mar. 2024)


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What is Verizon Communications Current Accrued Expense?

Verizon Communications's Current Accrued Expense for the quarter that ended in Mar. 2024 was $20,139.00 Mil.

Verizon Communications's quarterly Current Accrued Expense declined from Sep. 2023 ($26,140.00 Mil) to Dec. 2023 ($10,820.00 Mil) but then increased from Dec. 2023 ($10,820.00 Mil) to Mar. 2024 ($20,139.00 Mil).

Verizon Communications's annual Current Accrued Expense declined from Dec. 2021 ($15,169.00 Mil) to Dec. 2022 ($13,351.00 Mil) and declined from Dec. 2022 ($13,351.00 Mil) to Dec. 2023 ($10,820.00 Mil).


Verizon Communications Current Accrued Expense Historical Data

The historical data trend for Verizon Communications's Current 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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Verizon Communications Current Accrued Expense Chart

Verizon Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,310.00 12,559.00 15,169.00 13,351.00 10,820.00

Verizon Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,273.00 20,067.00 26,140.00 10,820.00 20,139.00

Verizon Communications Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.


Verizon Communications Current Accrued Expense Related Terms

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Verizon Communications (Verizon Communications) Business Description

Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Verizon Communications is primarily a wireless business (it provides about 70% of service revenue and nearly all operating income). It serves about 92 million postpaid and 22 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.