PNM Resources (STU:98P) Accounts Payable & Accrued Expense : €236 Mil (As of Mar. 2024)

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What is PNM Resources Accounts Payable & Accrued Expense?

PNM Resources's quarterly accounts payable & accrued expense increased from Sep. 2023 (€257 Mil) to Dec. 2023 (€311 Mil) but then declined from Dec. 2023 (€311 Mil) to Mar. 2024 (€236 Mil).

PNM Resources's annual accounts payable & accrued expense increased from Dec. 2021 (€215 Mil) to Dec. 2022 (€306 Mil) and increased from Dec. 2022 (€306 Mil) to Dec. 2023 (€311 Mil).

PNM Resources Accounts Payable & Accrued Expense Historical Data

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

PNM Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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184.10

218.46

214.91

306.01

310.79

PNM Resources 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															211.08	200.32	257.41	310.79	236.31

PNM Resources 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.

PNM Resources (STU:98P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PNM Resources Inc (STU:98P) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

NWE MGEE POR IDA OKLO HE GNE VIA SUME OGE NEE SO DUK LSE:NG. PCG AEP D BOM:532555 PEG EXC

Traded in Other Exchanges

PNM:USA 98P:Germany

Address

414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289

Website

https://www.pnmresources.com

PNM Resources Inc, or PNMR, is a holding company that owns regulated utilities companies providing electricity and electric services. PNMR segments its operations by its two subsidiaries, PNM and TNMP. PNM provides electric generation, transmission, and distribution services mainly to areas of New Mexico. While PNM uses a variety of fuel sources across its power plant portfolio, its coal and gas-fueled sites produce most of the energy. TNMP owns and operates transmission and distribution services primarily in small to medium-sized communities in Texas. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees fairly evenly split between residential and commercial customers. PNM generates the vast majority of PNMR's total revenue.

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