Cogent Communications Holdings (FRA:OGM1) Accounts Payable & Accrued Expense : EUR266.8 Mil (As of Mar. 2024)

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What is Cogent Communications Holdings Accounts Payable & Accrued Expense?

Cogent Communications Holdings's quarterly accounts payable & accrued expense declined from Sep. 2023 (EUR209.9 Mil) to Dec. 2023 (EUR195.0 Mil) but then increased from Dec. 2023 (EUR195.0 Mil) to Mar. 2024 (EUR266.8 Mil).

Cogent Communications Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (EUR40.8 Mil) to Dec. 2022 (EUR62.2 Mil) and increased from Dec. 2022 (EUR62.2 Mil) to Dec. 2023 (EUR195.0 Mil).

Cogent Communications Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cogent Communications Holdings'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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Cogent Communications Holdings Accounts Payable & Accrued Expense Chart

Cogent Communications Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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52.25

46.16

40.79

62.23

195.00

Cogent Communications Holdings 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															88.98	249.36	209.90	195.00	266.81

Cogent Communications Holdings 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.

Cogent Communications Holdings (FRA:OGM1) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cogent Communications Holdings Inc (FRA:OGM1) » Definitions » Accounts Payable & Accrued Expense

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CCOI:USA

Address

2450 N Street North West, Washington, DC, USA, 20037

Website

https://www.cogentco.com

Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings; the firm provides them with two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for over half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the U.S.

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