Globalstar (FRA:P8S) Accounts Payable & Accrued Expense : €43.5 Mil (As of Mar. 2024)

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What is Globalstar Accounts Payable & Accrued Expense?

Globalstar's quarterly accounts payable & accrued expense declined from Sep. 2023 (€88.4 Mil) to Dec. 2023 (€73.7 Mil) and declined from Dec. 2023 (€73.7 Mil) to Mar. 2024 (€43.5 Mil).

Globalstar's annual accounts payable & accrued expense increased from Dec. 2021 (€25.2 Mil) to Dec. 2022 (€52.1 Mil) and increased from Dec. 2022 (€52.1 Mil) to Dec. 2023 (€73.7 Mil).

Globalstar Accounts Payable & Accrued Expense Historical Data

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

Globalstar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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25.26

19.58

25.18

52.06

73.65

Globalstar 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															76.42	80.53	88.42	73.65	43.54

Globalstar 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.

Globalstar (FRA:P8S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globalstar Inc (FRA:P8S) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

GSAT:USA

Address

1351 Holiday Square Boulevard, Covington, LA, USA, 70433

Website

https://www.globalstar.com

Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. The company provides communications services such as two-way voice and data transmission. In addition, one-way data transmission is also offered. Both services are offered using mobile or fixed devices. The company is an owner of satellite assets. The company generates the vast majority of its revenue within the United States.

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