Netia (NTIAF) Accounts Payable & Accrued Expense : $53.7 Mil (As of Sep. 2021)

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What is Netia Accounts Payable & Accrued Expense?

Netia's quarterly accounts payable & accrued expense declined from Mar. 2021 ($64.2 Mil) to Jun. 2021 ($61.2 Mil) and declined from Jun. 2021 ($61.2 Mil) to Sep. 2021 ($53.7 Mil).

Netia's annual accounts payable & accrued expense declined from Dec. 2018 ($67.9 Mil) to Dec. 2019 ($60.2 Mil) but then increased from Dec. 2019 ($60.2 Mil) to Dec. 2020 ($69.1 Mil).

Netia Accounts Payable & Accrued Expense Historical Data

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

Netia Annual Data

Trend

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Dec20

Accounts Payable & Accrued Expense

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54.96

53.11

67.94

60.23

69.11

Netia Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															58.18	69.11	64.20	61.24	53.73

Netia 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.

Netia (NTIAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Netia SA (OTCPK:NTIAF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Poleczki 13, Warsaw, POL, 02-822

Website

http://www.netia.pl

Netia SA is a telecommunications company that sells products and services for both businesses and consumers in fields that include data transmission, voice transmission, and broadband Internet access. Netia operates in four major business segments, which include Home, Corporate, Carries, and small-office home-office (SOHO) & small to medium enterprise (SME). The company is primarily known for its fixed line network that extends across Poland's major cities. Additionally, the company offers Internet and television services. Netia generates nearly all of its revenue in Poland. Novator, an Icelandic company, has a significant stake in Netia.

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