Emeren Group (Emeren Group) Accounts Payable & Accrued Expense : $6.31 Mil (As of Sep. 2023)

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What is Emeren Group Accounts Payable & Accrued Expense?

Emeren Group's quarterly accounts payable & accrued expense increased from Mar. 2023 ($9.55 Mil) to Jun. 2023 ($9.93 Mil) but then declined from Jun. 2023 ($9.93 Mil) to Sep. 2023 ($6.31 Mil).

Emeren Group's annual accounts payable & accrued expense declined from Dec. 2020 ($35.01 Mil) to Dec. 2021 ($22.92 Mil) but then increased from Dec. 2021 ($22.92 Mil) to Dec. 2022 ($27.44 Mil).

Emeren Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Emeren 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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Emeren Group Accounts Payable & Accrued Expense Chart

Emeren Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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87.34

51.86

35.01

22.92

27.44

Emeren Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															16.77	27.44	9.55	9.93	6.31

Emeren 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.

Emeren Group (Emeren Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Emeren Group Ltd (NYSE:SOL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SOL:Mexico VQKB:Germany VQKB:Germany

Address

100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902

Website

https://www.emeren.com

Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.

Executives

Capital Management Shah

director, 10 percent owner

8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615