American Tower (WBO:AMTG) Accounts Payable & Accrued Expense : €2,211 Mil (As of Mar. 2024)

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What is American Tower Accounts Payable & Accrued Expense?

American Tower's quarterly accounts payable & accrued expense increased from Sep. 2023 (€2,304 Mil) to Dec. 2023 (€2,597 Mil) but then declined from Dec. 2023 (€2,597 Mil) to Mar. 2024 (€2,211 Mil).

American Tower's annual accounts payable & accrued expense increased from Dec. 2021 (€2,285 Mil) to Dec. 2022 (€2,425 Mil) and increased from Dec. 2022 (€2,425 Mil) to Dec. 2023 (€2,597 Mil).

American Tower Accounts Payable & Accrued Expense Historical Data

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

American Tower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,593.63

1,590.73

2,285.07

2,425.23

2,597.40

American Tower 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															2,177.53	2,224.80	2,304.18	2,597.40	2,210.58

American Tower 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.

American Tower (WBO:AMTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Tower Corp (WBO:AMTG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AMT:USA AMT:Mexico 1AMT:Italy A0T:Germany A0T:Germany T1OW34:Brazil

Address

116 Huntington Avenue, 11th Floor, Boston, MA, USA, 02116

Website

https://www.americantower.com

American Tower owns and operates more than 220,000 cell towers throughout the U.S., Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 U.S. markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the U.S., which accounted for roughly half of the company's total revenue in 2022. Outside the U.S., American Tower operates over 75,000 towers in India, almost 50,000 towers in Latin America (dominated by Brazil), 30,000 towers in Europe, and nearly 25,000 towers in Africa. American Tower operates as an REIT.

American Tower (WBO:AMTG) Headlines

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