ACEN (ACPIF) Accounts Payable & Accrued Expense : $209.3 Mil (As of Mar. 2024)

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What is ACEN Accounts Payable & Accrued Expense?

ACEN's quarterly accounts payable & accrued expense declined from Sep. 2023 ($214.4 Mil) to Dec. 2023 ($212.7 Mil) and declined from Dec. 2023 ($212.7 Mil) to Mar. 2024 ($209.3 Mil).

ACEN's annual accounts payable & accrued expense increased from Dec. 2021 ($81.4 Mil) to Dec. 2022 ($150.5 Mil) and increased from Dec. 2022 ($150.5 Mil) to Dec. 2023 ($212.7 Mil).

ACEN Accounts Payable & Accrued Expense Historical Data

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

ACEN Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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71.10

104.20

81.36

150.54

212.71

ACEN 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															157.64	178.69	214.42	212.71	209.33

ACEN 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.

ACEN (ACPIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ACEN Corp (OTCPK:ACPIF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

ACEN:Philippines

Address

Paseo de Roxas corner Makati Avenue, 35th Floor, Ayala Triangle Gardens Tower 2, Makati, PHL, 1226

Website

https://www.acenrenewables.com

ACEN Corp is a Philippines-based energy provider. The company is mainly involved in the business of Renewables and Thermal energy. It also holds interests in the business of oil and gas exploration and production. The company operates in three segments: The Philippines segment, the International segment, and the Parent and Others segment The Philippines segment, which accounts for the vast majority of its revenue, is into Retail Electricity Supply, Renewables - generation, transmission, distribution, and supply of electricity using renewable sources, Thermal - generation, transmission, distribution, and supply of electricity using the conventional way of energy generation, Project development, Leasing, bulk water supply, and Petroleum and exploration.

ACEN (ACPIF) Headlines

From GuruFocus

ACEN acquires portfolio of eight operating wind projects in Texas, USA

By PRNewswire PRNewswire • 03-17-2023

ACEN completes the world's first Energy Transition Mechanism (ETM) transaction for the 246-MW SLTEC coal plant

By PRNewswire PRNewswire • 11-08-2022