Infrastrutture Wireless Italiane SpA (FRA:WI8) Accounts Payable & Accrued Expense : €222.5 Mil (As of Mar. 2024)

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What is Infrastrutture Wireless Italiane SpA Accounts Payable & Accrued Expense?

Infrastrutture Wireless Italiane SpA's quarterly accounts payable & accrued expense increased from Sep. 2023 (€194.5 Mil) to Dec. 2023 (€245.6 Mil) but then declined from Dec. 2023 (€245.6 Mil) to Mar. 2024 (€222.5 Mil).

Infrastrutture Wireless Italiane SpA's annual accounts payable & accrued expense declined from Dec. 2021 (€227.3 Mil) to Dec. 2022 (€186.0 Mil) but then increased from Dec. 2022 (€186.0 Mil) to Dec. 2023 (€245.6 Mil).

Infrastrutture Wireless Italiane SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Infrastrutture Wireless Italiane SpA'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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Infrastrutture Wireless Italiane SpA Accounts Payable & Accrued Expense Chart

Infrastrutture Wireless Italiane SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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114.62

162.16

227.29

185.99

245.58

Infrastrutture Wireless Italiane SpA 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															136.31	159.54	194.47	245.58	222.47

Infrastrutture Wireless Italiane SpA 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.

Infrastrutture Wireless Italiane SpA (FRA:WI8) Business Description

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IFSUF:USA INW:Italy INWm:UK 0R8S:UK

Address

Via Gaetano Negri, 1, Milan, ITA, 20121

Website

https://www.inwit.it

Inwit is an Italian wireless tower company born from the spinoff of Telecom Italia's tower assets in 2015. In 2020, Inwit merged its tower assets with those of Vodafone Italia, creating a tower leader in the Italian market with a high-quality portfolio derived from the networks created by Telecom Italia and Vodafone over the past two decades. Inwit owns 23,000 towers, having the highest tenancy ratio and EBITDA margin among the European tower firms. Cellnex is Inwit's main competitor in Italy, owning a similar number of towers.

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