Sky (LSE:SKY) Accounts Payable & Accrued Expense : £2,669 Mil (As of Jun. 2018)

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What is Sky Accounts Payable & Accrued Expense?

Sky's quarterly accounts payable & accrued expense increased from Jun. 2017 (£2,362 Mil) to Dec. 2017 (£4,961 Mil) but then declined from Dec. 2017 (£4,961 Mil) to Jun. 2018 (£2,669 Mil).

Sky's annual accounts payable & accrued expense increased from Jun. 2016 (£2,227 Mil) to Jun. 2017 (£2,362 Mil) and increased from Jun. 2017 (£2,362 Mil) to Jun. 2018 (£2,669 Mil).

Sky Accounts Payable & Accrued Expense Historical Data

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

Sky Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Accounts Payable & Accrued Expense

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1,349.00

2,023.00

2,227.00

2,362.00

2,669.00

Sky Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,227.00	4,682.00	2,362.00	4,961.00	2,669.00

Sky 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.

Sky (LSE:SKY) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.sky.com

Sky is the U.K.'s only satellite television operator and its largest pay-TV provider, with 12.9 million retail subscribers. It is also the largest pay-TV provider in Italy, with 4.8 million customers, and is a large operator in Germany and Austria, with 5.3 million pay-TV subscribers. The firm's strategy is to dominate the pay-TV markets in its respective countries. In the U.K., it also offers bundles of broadband, telephony and other services. In total, it sells 61.7 million products.