Sinch AB (LTS:0RBI) Accounts Payable & Accrued Expense : kr1,357 Mil (As of Mar. 2024)

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What is Sinch AB Accounts Payable & Accrued Expense?

Sinch AB's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr1,954 Mil) to Dec. 2023 (kr2,121 Mil) but then declined from Dec. 2023 (kr2,121 Mil) to Mar. 2024 (kr1,357 Mil).

Sinch AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr1,962 Mil) to Dec. 2022 (kr2,316 Mil) but then declined from Dec. 2022 (kr2,316 Mil) to Dec. 2023 (kr2,121 Mil).

Sinch AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sinch AB'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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Sinch AB Accounts Payable & Accrued Expense Chart

Sinch AB Annual Data

Trend

Jun13

Jun14

Jun15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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523.33

784.66

1,962.00

2,316.00

2,121.00

Sinch AB 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															1,858.00	2,000.00	1,954.00	2,121.00	1,357.00

Sinch AB 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.

Sinch AB (LTS:0RBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sinch AB (LTS:0RBI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SINCH:Sweden SINCHs:UK 1I9A:Germany

Address

Lindhagensgatan 74, Stockholm, SWE, 112 18

Website

https://www.sinch.com

Sinch AB provides cloud communication services and solutions to enterprises and mobile operators. The Sinch organization has following segments: Messaging, Voice and Video and Email and Small and Medium-sized businesses and others. Messaging and Voice and Video address the enterprise market and combine programmable APIs and cloud services to easily build global communications, including messaging and voice and video services into applications and business processes. The Messaging segment derives the majority of revenue from fees for handling messages and executing and handling personalized and dynamic video and MMS messages for enterprises.

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