TIM (TIMB) Accounts Payable & Accrued Expense : $0 Mil (As of Sep. 2023)

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What is TIM Accounts Payable & Accrued Expense?

TIM's quarterly accounts payable & accrued expense increased from Mar. 2023 ($1,530 Mil) to Jun. 2023 ($1,540 Mil) but then declined from Jun. 2023 ($1,540 Mil) to Sep. 2023 ($0 Mil).

TIM's annual accounts payable & accrued expense increased from Dec. 2020 ($1,025 Mil) to Dec. 2021 ($1,485 Mil) and increased from Dec. 2021 ($1,485 Mil) to Dec. 2022 ($1,545 Mil).

TIM Accounts Payable & Accrued Expense Historical Data

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

TIM Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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1,356.52

1,025.24

1,485.12

1,545.36

TIM 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															1,545.36	1,529.91	1,540.49	-	-

TIM 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.

TIM (TIMB) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TIM SA (NYSE:TIMB) » Definitions » Accounts Payable & Accrued Expense

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TIMS3:Brazil

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.