Nexstar Media Group (FRA:NXZ) Accounts Payable & Accrued Expense : €457 Mil (As of Mar. 2024)

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What is Nexstar Media Group Accounts Payable & Accrued Expense?

Nexstar Media Group's quarterly accounts payable & accrued expense increased from Sep. 2023 (€480 Mil) to Dec. 2023 (€558 Mil) but then declined from Dec. 2023 (€558 Mil) to Mar. 2024 (€457 Mil).

Nexstar Media Group's annual accounts payable & accrued expense increased from Dec. 2021 (€461 Mil) to Dec. 2022 (€524 Mil) and increased from Dec. 2022 (€524 Mil) to Dec. 2023 (€558 Mil).

Nexstar Media Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nexstar Media Group'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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Nexstar Media Group Accounts Payable & Accrued Expense Chart

Nexstar Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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550.50

433.22

460.91

523.92

557.54

Nexstar Media Group 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															524.91	450.42	479.74	557.54	457.24

Nexstar Media Group 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.

Nexstar Media Group (FRA:NXZ) Business Description

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NXST:USA

Address

545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062

Website

https://www.nexstar.tv

Nexstar is the largest television station owner/operator in the United States, with 200 stations in 116 markets. Of its 200 full-power stations, 155 are affiliated with the four national broadcasters: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.

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