Ribbon Communications (FRA:NU42) Accounts Payable & Accrued Expense : €82.5 Mil (As of Mar. 2024)

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What is Ribbon Communications Accounts Payable & Accrued Expense?

Ribbon Communications's quarterly accounts payable & accrued expense increased from Sep. 2023 (€94.2 Mil) to Dec. 2023 (€131.3 Mil) but then declined from Dec. 2023 (€131.3 Mil) to Mar. 2024 (€82.5 Mil).

Ribbon Communications's annual accounts payable & accrued expense increased from Dec. 2021 (€141.5 Mil) to Dec. 2022 (€146.4 Mil) but then declined from Dec. 2022 (€146.4 Mil) to Dec. 2023 (€131.3 Mil).

Ribbon Communications Accounts Payable & Accrued Expense Historical Data

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

Ribbon Communications Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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54.85

108.68

141.45

146.40

131.29

Ribbon Communications 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															113.09	119.68	94.16	131.29	82.48

Ribbon Communications 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.

Ribbon Communications (FRA:NU42) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ribbon Communications Inc (FRA:NU42) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RBBN:USA NU42:Germany

Address

6500 Chase Oaks Boulevard, Suite 100, Plano, TX, USA, 75023

Website

https://www.ribboncommunications.com

Ribbon Communications Inc provides network solutions primarily to telecommunications, wireless and cable service providers worldwide. It enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. Its solutions enable its customers with a secure way to connect and leverage multivendor, multiprotocol communications systems and applications across their networks and the cloud, around the world and in a rapidly changing ecosystem of IP-enabled devices such as smartphones and tablets.

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