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CLNXF (Cellnex Telecom) Accounts Payable & Accrued Expense : $1,155 Mil (As of Sep. 2024)


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What is Cellnex Telecom Accounts Payable & Accrued Expense?

Cellnex Telecom's quarterly accounts payable & accrued expense declined from Mar. 2024 ($1,609 Mil) to Jun. 2024 ($1,069 Mil) but then increased from Jun. 2024 ($1,069 Mil) to Sep. 2024 ($1,155 Mil).

Cellnex Telecom's annual accounts payable & accrued expense declined from Dec. 2021 ($1,577 Mil) to Dec. 2022 ($1,414 Mil) and declined from Dec. 2022 ($1,414 Mil) to Dec. 2023 ($1,245 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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 424.07 841.06 1,576.77 1,413.88 1,245.31

Cellnex Telecom Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & 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 1,479.19 1,245.31 1,608.70 1,068.75 1,155.38

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 Business Description

Industry
Address
Passeig Zona Franca, 105, Barcelona, ESP, 08038
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.

Cellnex Telecom Headlines

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