Rogers Communications (Rogers Communications) Accounts Payable & Accrued Expense : $2,793 Mil (As of Mar. 2024)

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What is Rogers Communications Accounts Payable & Accrued Expense?

Rogers Communications's quarterly accounts payable & accrued expense increased from Sep. 2023 ($2,772 Mil) to Dec. 2023 ($3,146 Mil) but then declined from Dec. 2023 ($3,146 Mil) to Mar. 2024 ($2,793 Mil).

Rogers Communications's annual accounts payable & accrued expense declined from Dec. 2021 ($2,759 Mil) to Dec. 2022 ($2,740 Mil) but then increased from Dec. 2022 ($2,740 Mil) to Dec. 2023 ($3,146 Mil).

Rogers Communications Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rogers 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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Rogers Communications Accounts Payable & Accrued Expense Chart

Rogers Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,339.59

2,387.38

2,758.59

2,739.79

3,146.24

Rogers 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															2,183.00	2,671.99	2,772.15	3,146.24	2,792.55

Rogers 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.

Rogers Communications (Rogers Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Rogers Communications Inc (NYSE:RCI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RCIAF:USA RCI.B:Canada RCI.A:Canada

Address

333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9

Website

https://www.rogers.com

Rogers Communications is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 40% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.