Verbund AG (Verbund AG) Accounts Payable & Accrued Expense : $1,068 Mil (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Verbund AG Accounts Payable & Accrued Expense?

Verbund AG's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1,126 Mil) to Sep. 2023 ($1,106 Mil) and declined from Sep. 2023 ($1,106 Mil) to Dec. 2023 ($1,068 Mil).

Verbund AG's annual accounts payable & accrued expense declined from Dec. 2021 ($1,083 Mil) to Dec. 2022 ($922 Mil) but then increased from Dec. 2022 ($922 Mil) to Dec. 2023 ($1,068 Mil).

Verbund AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Verbund AG'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.

* Premium members only.

Verbund AG Accounts Payable & Accrued Expense Chart

Verbund AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

904.26

923.56

1,083.35

922.21

1,067.82

Verbund AG 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															922.21	1,021.84	1,126.00	1,106.08	1,067.82

Verbund AG 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.

Verbund AG (Verbund AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Verbund AG (OTCPK:OEZVY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

OEZVF:USA VERv:UK 0NR1:UK OEWA:Germany VER:Czech Republic VER:Austria

Address

Am Hof 6a, Vienna, AUT, 1010

Website

https://www.verbund.com

Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.