TIM (BSP:TIMS3) Current Accrued Expense : R$386 Mil (As of Dec. 2023)

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What is TIM Current Accrued Expense?

TIM's Current Accrued Expense for the quarter that ended in Dec. 2023 was R$386 Mil.

TIM's quarterly Current Accrued Expense declined from Jun. 2023 (R$346 Mil) to Sep. 2023 (R$0 Mil) but then increased from Sep. 2023 (R$0 Mil) to Dec. 2023 (R$386 Mil).

TIM's annual Current Accrued Expense increased from Dec. 2021 (R$303 Mil) to Dec. 2022 (R$344 Mil) and increased from Dec. 2022 (R$344 Mil) to Dec. 2023 (R$386 Mil).

TIM Current Accrued Expense Historical Data

The historical data trend for TIM's Current 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 Current Accrued Expense Chart

TIM Annual Data

Trend

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Dec23

Current Accrued Expense

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218.42

272.64

303.24

343.54

386.35

TIM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Accrued Expense	Get a 7-Day Free Trial															343.54	419.15	346.17	-	386.35

TIM Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

TIM Current Accrued Expense Related Terms

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TIM (BSP:TIMS3) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TIM SA (BSP:TIMS3) » Definitions » Current Accrued Expense

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TIMB:USA

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.

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