Snap (BUE:SNAP) Accounts Payable & Accrued Expense : ARS906,358 Mil (As of Mar. 2024)

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What is Snap Accounts Payable & Accrued Expense?

Snap's quarterly accounts payable & accrued expense declined from Sep. 2023 (ARS331,564 Mil) to Dec. 2023 (ARS229,794 Mil) but then increased from Dec. 2023 (ARS229,794 Mil) to Mar. 2024 (ARS906,358 Mil).

Snap's annual accounts payable & accrued expense increased from Dec. 2021 (ARS34,625 Mil) to Dec. 2022 (ARS71,593 Mil) and increased from Dec. 2022 (ARS71,593 Mil) to Dec. 2023 (ARS229,794 Mil).

Snap Accounts Payable & Accrued Expense Historical Data

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

Snap Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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16,836.01

19,588.41

34,625.33

71,592.58

229,793.83

Snap 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															205,589.70	211,145.04	331,563.99	229,793.83	906,358.15

Snap 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.

Snap (BUE:SNAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Snap Inc (BUE:SNAP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SNAP:USA SNAP:Mexico 1SNAP:Italy 1SId:UK 0RNH:UK 1SI:Germany SNAP:Austria

Address

3000 31st Street, Santa Monica, CA, USA, 90405

Website

https://www.snap.com

Snap, which refers to itself as a camera company, has one of the most popular social networking apps, Snapchat, in developed regions such as North America and Europe. Snap generates nearly all its revenue from advertising with 70% coming from North America. The firm is headquartered in Venice, California.