Magyar Telekom (FRA:MGYB) Accounts Payable & Accrued Expense : €436 Mil (As of Mar. 2024)

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What is Magyar Telekom Accounts Payable & Accrued Expense?

Magyar Telekom's quarterly accounts payable & accrued expense declined from Sep. 2023 (€592 Mil) to Dec. 2023 (€503 Mil) and declined from Dec. 2023 (€503 Mil) to Mar. 2024 (€436 Mil).

Magyar Telekom's annual accounts payable & accrued expense declined from Dec. 2021 (€532 Mil) to Dec. 2022 (€469 Mil) but then increased from Dec. 2022 (€469 Mil) to Dec. 2023 (€503 Mil).

Magyar Telekom Accounts Payable & Accrued Expense Historical Data

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

Magyar Telekom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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657.07

687.77

532.38

469.01

502.54

Magyar Telekom 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															544.56	626.62	591.53	502.54	436.44

Magyar Telekom 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.

Magyar Telekom (FRA:MGYB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Magyar Telekom PLC (FRA:MGYB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MYTAY:USA MTELEKOM:Hungary MGYB:Germany

Address

Konyves Kalman Korut. 36, Budapest, HUN, 1097

Website

https://www.telekom.hu

Magyar Telekom PLC is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. Magyar controls the largest share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives most of its revenue from Hungary.

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