Equinix (FRA:EQN2) Accounts Payable & Accrued Expense : €1,286 Mil (As of Mar. 2024)

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What is Equinix Accounts Payable & Accrued Expense?

Equinix's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,332 Mil) to Dec. 2023 (€1,065 Mil) but then increased from Dec. 2023 (€1,065 Mil) to Mar. 2024 (€1,286 Mil).

Equinix's annual accounts payable & accrued expense increased from Dec. 2021 (€632 Mil) to Dec. 2022 (€836 Mil) and increased from Dec. 2022 (€836 Mil) to Dec. 2023 (€1,065 Mil).

Equinix Accounts Payable & Accrued Expense Historical Data

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

Equinix Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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746.93

690.29

631.64

835.74

1,064.64

Equinix 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															1,140.60	1,236.01	1,332.21	1,064.64	1,286.16

Equinix 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.

Equinix (FRA:EQN2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equinix Inc (FRA:EQN2) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

EQIX:USA EQIX34:Brazil

Address

One Lagoon Drive, Redwood City, CA, USA, 94065

Website

https://www.equinix.com

Equinix operates 248 data centers in 71 markets worldwide. It generates 46% of total revenue in the Americas, 32% in Europe, the Middle East, and Africa, and 22% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.

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