Sunrise Communications Group AG (XSWX:SRCG) Accounts Payable & Accrued Expense : CHF491 Mil (As of Sep. 2020)

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What is Sunrise Communications Group AG Accounts Payable & Accrued Expense?

Sunrise Communications Group AG's quarterly accounts payable & accrued expense declined from Mar. 2020 (CHF563 Mil) to Jun. 2020 (CHF555 Mil) and declined from Jun. 2020 (CHF555 Mil) to Sep. 2020 (CHF491 Mil).

Sunrise Communications Group AG's annual accounts payable & accrued expense declined from Dec. 2017 (CHF565 Mil) to Dec. 2018 (CHF528 Mil) but then increased from Dec. 2018 (CHF528 Mil) to Dec. 2019 (CHF558 Mil).

Sunrise Communications Group AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sunrise Communications Group AG'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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Sunrise Communications Group AG Accounts Payable & Accrued Expense Chart

Sunrise Communications Group AG Annual Data

Trend

Dec10

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Dec19

Accounts Payable & Accrued Expense

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565.36

480.14

564.88

527.75

558.19

Sunrise Communications Group AG Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															566.87	558.19	562.68	554.58	491.27

Sunrise Communications Group AG 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.

Sunrise Communications Group AG (XSWX:SRCG) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sunrise Communications Group AG (XSWX:SRCG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Thurgauerstrasse 101B, Glattpark (Opfikon), Zurich, CHE, 8152

Website

https://www.sunrise.ch

Sunrise Communications Group AG is a triple-play telecommunications company. It derives revenue from the provision of mobile, voice, broadband, and pay-TV services. The majority of revenue is derived from mobile. The company operates through three segments: Residential, Business, and Wholesale. Revenue within the Residential segment stems from providing telecommunications services to residential end customers. The Business segment offers the same services except the end customer are small to medium enterprises and large corporate clients. The Wholesale segment covers services that are marketed toward national and international telecom providers as well as mobile virtual network operators. The company is an owner of the telecommunications infrastructure and generates revenue in Switzerland.

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