MTN Nigeria Communications (NSA:MTNN) Accounts Payable & Accrued Expense : ₦634,357 Mil (As of Mar. 2024)

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What is MTN Nigeria Communications Accounts Payable & Accrued Expense?

MTN Nigeria Communications's quarterly accounts payable & accrued expense increased from Sep. 2023 (₦444,265 Mil) to Dec. 2023 (₦513,554 Mil) and increased from Dec. 2023 (₦513,554 Mil) to Mar. 2024 (₦634,357 Mil).

MTN Nigeria Communications's annual accounts payable & accrued expense declined from Dec. 2021 (₦588,058 Mil) to Dec. 2022 (₦340,902 Mil) but then increased from Dec. 2022 (₦340,902 Mil) to Dec. 2023 (₦513,554 Mil).

MTN Nigeria Communications Accounts Payable & Accrued Expense Historical Data

The historical data trend for MTN Nigeria Communications'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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MTN Nigeria Communications Accounts Payable & Accrued Expense Chart

MTN Nigeria Communications Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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122,017.00

225,358.00

588,058.00

340,902.00

513,554.00

MTN Nigeria Communications 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															381,852.00	645,826.00	444,265.00	513,554.00	634,357.00

MTN Nigeria Communications 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.

MTN Nigeria Communications (NSA:MTNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Nigeria Communications PLC (NSA:MTNN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA

Website

https://www.mtnonline.com

MTN Nigeria Communications PLC is a provider of communications services. The principal activities of the company are the provision of broadband fixed wireless access service, high-quality telecommunications services, and mobile financial services in Nigeria. The group operates in three reportable segments, namely, Consumer Business Unit (CBU) which consists of subscribers sitting in value propositions and tariff plans for Youth, High Value and Mass segments, Enterprise Business Unit (EBU) consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU) serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.

MTN Nigeria Communications (NSA:MTNN) Headlines

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