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Meta Platforms (LIM:META) Accounts Payable & Accrued Expense : $20,151 Mil (As of Sep. 2024)


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What is Meta Platforms Accounts Payable & Accrued Expense?

Meta Platforms's quarterly accounts payable & accrued expense declined from Mar. 2024 ($18,183 Mil) to Jun. 2024 ($15,195 Mil) but then increased from Jun. 2024 ($15,195 Mil) to Sep. 2024 ($20,151 Mil).

Meta Platforms's annual accounts payable & accrued expense increased from Dec. 2021 ($11,037 Mil) to Dec. 2022 ($16,162 Mil) and increased from Dec. 2022 ($16,162 Mil) to Dec. 2023 ($18,172 Mil).

Meta Platforms Accounts Payable & Accrued Expense Historical Data

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

Meta Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,953.00 7,498.00 11,037.00 16,162.00 18,172.00

Meta Platforms Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,172.00 18,172.00 18,183.00 15,195.00 20,151.00

Meta Platforms 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.

Meta Platforms Business Description

Industry
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Traded in Other Exchanges
META:USA META:Poland META:Mexico META_KZ:Kazakhstan 1FB:Italy FB2Ad:UK FB2A:Germany METACL:Chile META:Canada M1TA34:Brazil FB2A:Bulgaria META:Austria
Address
1 Meta Way, Menlo Park, CA, USA, 94025
Website
https://about.meta.com
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.