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Akamai Technologies (WBO:AKAM) Accounts Payable & Accrued Expense : €458 Mil (As of Dec. 2023)


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What is Akamai Technologies Accounts Payable & Accrued Expense?

Akamai Technologies's quarterly accounts payable & accrued expense increased from Jun. 2023 (€428 Mil) to Sep. 2023 (€444 Mil) and increased from Sep. 2023 (€444 Mil) to Dec. 2023 (€458 Mil).

Akamai Technologies's annual accounts payable & accrued expense increased from Dec. 2021 (€456 Mil) to Dec. 2022 (€484 Mil) but then declined from Dec. 2022 (€484 Mil) to Dec. 2023 (€458 Mil).


Akamai Technologies Accounts Payable & Accrued Expense Historical Data

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

Akamai Technologies 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 421.11 405.04 455.89 483.74 457.68

Akamai Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 483.74 428.76 428.05 443.97 457.68

Akamai Technologies 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.


Akamai Technologies (WBO:AKAM) Business Description

Industry
Address
145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.