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Cairo Communication SpA (MIL:CAI) Accounts Payable & Accrued Expense : €317 Mil (As of Jun. 2024)


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What is Cairo Communication SpA Accounts Payable & Accrued Expense?

Cairo Communication SpA's quarterly accounts payable & accrued expense declined from Dec. 2023 (€382 Mil) to Mar. 2024 (€0 Mil) but then increased from Mar. 2024 (€0 Mil) to Jun. 2024 (€317 Mil).

Cairo Communication SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€357 Mil) to Dec. 2022 (€408 Mil) but then declined from Dec. 2022 (€408 Mil) to Dec. 2023 (€382 Mil).

Cairo Communication SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cairo Communication 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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Cairo Communication SpA Accounts Payable & Accrued Expense Chart

Cairo Communication SpA 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 358.90 272.40 356.60 408.00 382.20

Cairo Communication SpA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 325.10 - 382.20 - 317.40

Cairo Communication 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.

Cairo Communication SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cairo Communication SpA (MIL:CAI) » Definitions » Accounts Payable & Accrued Expense
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MIL:IEG MIL:DGT MIL:POR MIL:TB MIL:VLC MIL:WBS MIL:TMP MIL:NTW XPAR:PUB OMC IPG SZSE:002027 LSE:WPP TSE:4324 XPAR:DEC XTER:SAX TSE:4751 TSE:2433 SAU:4071 CRTO
Traded in Other Exchanges
0N7I:UK CI1A:Germany
Address
Corso Magenta 55, Milan, ITA, 20123
Website
https://www.cairocommunication.it
Cairo Communication SpA is an Italian-based advertisement company. It is engaged in the business of media and publication. It carries out its activity through three communication platforms that include advertisement, publications, and the Internet. Publication activity is done by publishing periodicals, magazines, and books. It is a dealer for the sale of advertising space on various media platforms such as commercial television, paid digital television, print, and the Internet. It operates on the internet through its Trovatore search engine. Its segment includes magazine publishing Cairo Editore, advertising, TV publishing La7, network operator, and RCS.