Telecom Italia SpA (Telecom Italia SpA) Accounts Payable & Accrued Expense : $8,450 Mil (As of Sep. 2023)

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What is Telecom Italia SpA Accounts Payable & Accrued Expense?

Telecom Italia SpA's quarterly accounts payable & accrued expense declined from Mar. 2023 ($8,632 Mil) to Jun. 2023 ($7,452 Mil) but then increased from Jun. 2023 ($7,452 Mil) to Sep. 2023 ($8,450 Mil).

Telecom Italia SpA's annual accounts payable & accrued expense increased from Dec. 2020 ($6,838 Mil) to Dec. 2021 ($7,340 Mil) but then declined from Dec. 2021 ($7,340 Mil) to Dec. 2022 ($6,997 Mil).

Telecom Italia SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Telecom Italia 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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Telecom Italia SpA Accounts Payable & Accrued Expense Chart

Telecom Italia SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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6,093.29

5,857.78

6,838.20

7,340.11

6,996.82

Telecom Italia SpA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7,524.75	6,996.82	8,631.69	7,451.79	8,450.37

Telecom Italia 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.

Telecom Italia SpA (Telecom Italia SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Italia SpA (OTCPK:TIIAY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TIAOF:USA TIAJF:USA TIAIY:USA TITR:Italy TIT:Italy TITm:UK TITRm:UK 0H6I:UK 0GA3:UK TQI:Germany TIT:Austria

Address

Corso D'Italia, 41, Roma, ITA, 00198

Website

https://www.telecomitalia.com

Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% market share in the Italian mobile market and 45% market share in broadband. In the mobile market, it competes with Vodafone, Wind Tre and Iliad. In November 2023 TIM sold its fixed network to KKR for EUR 18.8 billion, and will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with its competitors Telefonica and America Movil.

Telecom Italia SpA (Telecom Italia SpA) Headlines

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